MBS investors are easily duped by magical formulas that design away risk when it is masked by ratings agencies though and EVERYONE gets to pay for this stupidity.

The lack of income history is going to be a problem, too. The

Everybody will see it all along (any change and the neighbors can let you know), and it will keep your phone ringing (so you can fill any vacancy faster too).The house has not been "for rent" for over three years.

Go over the property with a fine tooth comb.

A door needs replaced, the whole interior needs painted: some is normal use, some is not.Some of the popcorn ceiling is really dirty, so will get painted, too. The

Systematically, this would significantly lower mortgage payments, increasing household cash flow, thus directly stimulating the economy through more consumer buying power.Increasing real buying power as opposed to the borrowing power that some economic strategist call “tackling the credit freezeâ€, is a better long-term approach to maintaining a productive economy.After acknowledging that the major investment banks who masked these mortgage-backed securities for so many years have either failed or converted to more regulated entities, the inappropriately inflated investor confidence is the only other major intangible deficiency plaguing the current financial crisis.

Keep your money seperate from the rental prop money and any costs of improvements too. The

They want things to work and an attorney can be the biggest predator of all.I noticed too the poster mentioning Bill referred to students, so you see what I mean, this place is full of newbie wannabes, mentors, coaches, partners, gurus and the rest of the wholesaling "educators".

Maybe I'm getting long in the tooth, but I don't know where everyone is finding such plethora of great deals that they are happy to just take a little bit of the pie, when they can take the whole pie.  

But if I recall, he asked me my budget last time too.  The