Shes such a sweet old lady and I genuinely want to help her.

Rents rose and the tenant pool improved as fancy homeowners moved down.

So my wife went out walked up to the lady and said "I need to tell you something, but I am not sure how your going to take it."

Year-to-date, the median price rose 6.4 percent to $389,500 while sales edged 0.6 percent lower with 40,035 transactions."

Purchase price $170K25% down: 42,500127,500 Financed over 30yrs @ 5.250 (Of course, yesterday the feds rose the interest rates.)Out Of pocket: $51,000 (Includes closing costs($10,000) and down payment.)Expenses: (Month)Mortgage: $704 @5.25%Taxes: $416Sewer:$150Insurance: $83.50Oil Heat: $50Misc: $100Total: $1,503.50Income:Unit 1 : $1000Unit 2 : $875Unit 3 : $800Total : $2,675Yearly:Income $32,100Expense: $18,042Total made after expenses: for the year $14,058Now for the amount i'm putting down would you consider this a good or bad deal?

Our ladies, typically, find comfort in security and that is not a bad thing. 

With thanks,Jamie Rose

Also this is an older lady that oversees the property best and has been there the longest .

To this point, I have always used a realtor or broker to assist with the purchase of all of my units.I got lead and then a call about a property from a lady who heard I buy houses & would like to sell.  

If all you post are wins and not the lessons you're giving people a rose colored view of REI.