That neglects maintenance and other costs associated with ownership, as well as the need to have good credit, steady income, and the need for down payments.

I know i had stopped school to invest full time but i signed back up for next semester due to the fact that i can't get anything done so instead of sitting on my butt i'll head back.

That Agent is heading towards bankruptcy.

You should try to find new tenants and you should pay all the bills associated with the vacant rental from the money you've saved from the income that is allocated to paying operating expenses.

Maybe I am young (25) and naive but this seems like drastic overeaction.I seriously doubt with every bone in my body we need to be stocking up on guns, ammo, food, safes...etc.It's almost laughable.I think we are heading into tough times with a depression looming but come on....Maybe I am just to sheltered in the nice rural town I am living in right now.All you guys are fairly logical and to my understanding aren't total wack jobs.

Lets hope saner heads prevail.At this point I've given up on predicting what will happen in the short term.

There are so many sub-plots and spin off stories associated with the baolout. as an investor if you're liquid or have a close relationship with venture capatists you can make millions in this market.

I've read a few reports that people are slowly starting to head back because the demand for construction workers has dropped soo much.

As much as I'd like to set up a company to take one of these packages, and I've broached the topic with a few friends, I'm having a hard time getting my head around how to pull it off.

Kevin- your head is on right, imo.