:whistle1: :whistle1: :whistle1: :whistle1: :idea: :mrgreen: Since it hasn't reached the venerable heights of stickyhood, :cry: maybe another designation is appropriate, for those threads that have a certain level of value, just not quite to that supreme degree.

No amount of bailing will keep the housing boat afloat at it's current level.

At the bootcamp, they promise that the "secret" to real estate success will be given at the next level of membership, something like the "Platinum Inner Circle"!

There are no doubt many, many people with the same level of brainpower as Mr.

What is an acceptible level of cleaning for moveout?

I'm sure it's also at record levels-- but what's the % of GDP the debt represents?

This is after you do your homework and know for sure that the asking price is within reasonable levels (I mean make sure the house is not over priced!)

I used worst-case numbers in my analysis and with those numbers it doesn't look great, but it looks reasonably 'safe'.Using the upper end of the range for rents and comps makes this look like a rather good deal, I think.I'd like to get into the property, get a tenant, and then refi my initial investment back out so that I can repeat the process.

Those area's of the city will only bring in the upper $300 range and you can pick up properties ready to rent for 10 to 15K that require no rehab if you want to be a slum lord.

And you need them to work with you over a period of 3 to 7 years until this terrible market comes back to 2004 levels of value.