It's frustrating, but it is making me work towards building a real deal flow/funnel.  

History does repeat itself, and to think there will always be people to rent is (who can afford to rent) is perhaps too optimistic. otoh, maybe there will be.

If you're a landlord and your tenants suddenly can't afford your rental rates because their consumer debt has gotten more expensive, you're affected.

These rules, in the aggregate, limit the number of properties that you could acquire as the replacement property in a single tax-deferred exchange to the number of properties that you can afford to buy.

I think my best option is investing in an area I can afford, am familiar with,and have a support system in place.

Originally posted by David Morrow:...Again, I am curious why household income is relevant when purchasing a rental....David Morrow - Suze Orman does a segment called "Can I Afford It?"

If you can find a 3 or 4 unit multi where you can qualify for and afford the 3.5% down, you could actually be putting a some money in your pocket every month.Hopefully this is enough to give you an idea of what you need to properly assess this deal.NOTE: This is a formula only.

Lee,I understand your frustration.

I can't afford to pay attorney's and all of that.

Daniel Fisher with the type of margin you are talking about you can afford to pay for financing in the form of private money to provide financing for a new buyer.