Insurance 40/mo and taxes approx 100/mo.Unfortunately, other investors have caught on to my idea and it's next to impossible to get anything in that area nowadays for under $100,000.

Not that its totally impossible but for someone to be all in for $16k and the home rent for $925 section 8 seems almost impossible.

When you get much beyond that price range, the 2% rule becomes much harder/impossible to meet.

Regarding buying with bank loans: If you're looking to relocate to a better RE market, all well and good, but this could make it very difficult or impossible to obtain bank financing.

If we're talking about legislation that would make that impossible or at least less-likely, a ban on rifles misses the mark badly.

If there are no repairs the asking price is so high that making a profit seems impossible.

Plenty of us have been told certain things are impossible, only to find out someone as already done it.

A building over 100 years old could have all sorts of problems that are underneath the walls or in places hard to see that can be impossible to call to your attention without more information such as being present at the property to see it first hand.

The successful people are the ones who have figured out how to do something most other people have thought to be impossible.

Almost impossible to list.