I consider  our  family of 7 ( wife 3 young children and 2 golden retrievers) well qualified renters because my wife is a high income earner and we have high credit scores.

The 08 mortgage crisis happened because bonds containing mortgages were sold en-masse all over the globe.

We have had investors in our projects from all over the globe and would never have been able to establish those relationships by networking the way we have historically found new investor relationships.  

You have to ask yourself if those were really the numbers, why would somebody be insane enough to kill that golden goose?!

As long as the damages are relatively small - holes in walls, broken blinds, missing light globes, broken appliances pieces, pest control, we just fix it and follow the procedure above. 

You don't need a golden hammer to drive nails. 

Ned's 3 keys are golden - follow them.While Ned had nice words to say about me, I'll clarify to say that I know about tax certificate sales in northern Arizona counties and Pinal county.

Golden rule think for yourself and don’t listen to the financial profiteers such as brokers, agents, and now 1031 custodians.

Or grow into the ten "golden ticket" mortgages, and beyond into portfolio territory?

REI is one thread in the tapestry that is America.Yes Arizona is quickly emerging on the hardware side of Moore's law.Texas a little more on the software side.Raleigh Durham, Murfreesboro and multitude of other emerging markets.I'm very confident that outmigration from CA will continue for certain segments of the population.There will be more income stratification here in the Golden State.