Gosh sort of disappointing to find out that not all losses can be carried over.

Once you narrow it down you can focus on becoming an expert in that area.Remember, real estate investing is like most other businesses, it takes time and a lot of hard work to make money, it is not a get rich quick business as many people would like you to believe, so if that is what you are looking for you are probably setting yourself up for disappointment.

This was partisan politics at its worst.Most disappointingly, while I've been trying to withhold criticism and give Obama leeway to do the right things, I think he single-handedly broke about three or four campaign promises on this bill alone...

Disappointment is the difference between expectation and realization as they say.

We've had many clients tell us about the experience only to be disappointed with the lack of real help and communication.If you're interested in learning more about the turnkey investing and the differences in the various turnkey providers, then listen to the Passive Real Estate Investing podcast episode (004) on "Turnkey Real Estate Investing Explained".Last but not least, as I could go on forever, it's often advantageous to work with a nation-wide company that is "market agnostic" and not married to any particular market (or service provider, etc).Continued success! 

total waste of money and disappointing that he was only looking to fill his pockets!!

I'm currently working with several other investors who are looking for the exact same thing you are... cash flow.My advice would be to look for properties that can make the numbers work first, and then decide whether or not the area the property is located in is one you want to invest in.If you focus on neighborhood first, you'll have blinders on and probably end up disappointed when any property that comes on the market in that area is so expensive it takes all the cash-flow right out of the deal.What you'll want is a local real estate agent who not only understands your investing goals and property requirements, but can also properly analyze the area and inform you about each individual neighborhood.

We were both very disappointed and ended up re-signing our apartment lease for another year.  

I'd start by looking up your property on zillow and see what they predict the value to appreciate over the next year or two and start to project out those growth rates (being conservative is always better than being over ambitious and being disappointed later).

A recent reassessment resulted in our house being appraised at $84k, which was disappointing, since the outstanding balance on our mortgage is $100k.