I remember writing 8 ridiculous offer for this young investor on New Year's Eve because he was convince that he had to offer no more that 70% of asking price.

And I hate to get political on this wonderful forum, but the idea was fabricated by paranoids and liberals who hate progress and want to end all technology forever so that we can resume our "natural state" of walking around on our knuckles naked like our ape-ish predecesors (or adam and eve).

I love my job, but after 6-8 years of working 9 am-9pm, I find myself on the eve of the last year of my 20's finally getting spooked about retirement, and the true gravity of what the future may hold especially with our current political climate.

With the current prices in the SoCal market, I can't eve see how paying a mortgage with a VA loan would even be a good play but yet I see so many people encouraging it.

I have had calls on Xmas eve and Xmas day.

I am looking at foreclosures pre foreclosures what eve way I can get a good deal!

@Eve Oliver I'm going to avoid the diatribe about not using "cap rate" when talking about SFRs, but I digress.  

@Eve Oliver using a vacancy rate of 8% is a safe bet.  

When I say that’s all that I do, let me tell you what to expect in the life of a landlord and all that they do. 3 am Christmas Eve Tenants call-Furnace went out.I get up, phone calls made, emergency call, expensive triple overtime to the Heating Contractor, Tenant has heat.

@Eve Oliver Yes!