I bet the deals are better there, but I'm not interested in that stuff now.Here are my rough numbers (I still don't have expenses):Purchase = 150,000Monthly gross income = 1670expenses = 751 (45%) or $835 (50%)monthly NOI = 919 or 835P + I at 4% and 4% down = 698Cap Rate = 7%, which I believe is about right for this marketCF = $221 - 137 rangeIf I put 20% down, my monthly payment would be $582 and monthly CF would be ~ $300.I'd prefer to use other people's money while rates are so low, plus I'm saving all my dry powder for the stock market :-)

Remember - Greenspan in 2005 decided to stop M3 publication - the effective date was Spring, 2006 (right after the socialist took a powder and released his fateful biography).http://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htmNow, if another 10% or more lose their jobs, can deflation be avoided?

The land/lot is more attractive than the house, so we're not going all-out on a rehab, but we would like to cover up the powder blue vinyl siding.We'll probably use SuperPaint from Sherwin Williams, which apparently is designed for this purpose.

Sorry for diverting, but has anyone tried a technique of using a stud finder to drill between wall studs, and then squirting (if you can squirt a powder) Boric acid into the holes?

The only thing I've ever found that works is powdered sugar mixed with boric acid (not boraxo) about 2/3 sugar to 1/3 boric acid.It's poison, so place where pets and kids can't get it.The ants carry it away, so it isn't there very long.

anyone here tried boric acid, the powder. you know, the stuff they use to kill roaches

The “keep your powder dry†versus “keep your money working†decision isn’t an easy one to balance as your portfolio grows IMO.

and I always thought the Middle East was going to be the powder keg for WWIII.I may be wrong, but I heard they moved the retirement age in France up 2 (gasp!)

If these gentlemen learned how to hold an gun the right way we would all be in trouble.Good luck and keep your powder dry.

I'm not as happy, but now I'll have a bit more dry powder to keep fighting.