I would worry about potential conflicts resulting from a defaulted deal.

The 2nd google result when entering a query for that search phrase says that gutters cost between $1,050 and $2,400 to install (for 200 ft of gutter).

So my results have not been tried by fire BUT...instead of using a standard yellow letterI have been using yellow notes...Small note pads (5x7) that give a more personalize feel.I quickly sent out 17 letter the other day and the next day 7 people responded.For the experienced investor that maybe old news but for anyone using the large paper, try the note pad.Good Luck,Demetrus

If a homeowner is in a dire situation where s/he fails to pay the full amount of interest each month (resulting in negative amortization), when s/he applies for a refi, does she have to repay all interest that was due on the first loan before the second loan is given?

I feel that with the cash flow provided, it will take at least 16 years for the annual cash flow of the rental to match the $80k profit if the home was sold.

I had my property manager do a quick survey of my tenants and the results were fairly disappointing, none of them have a credit card.

The delay in potential foreclosures, as well as an increase in the number of dispositions of REO properties, has resulted in a decrease in the ending inventory of foreclosed properties since December 31, 2010."

We avoid this in Riverside by not playing in the MLS, but if you are going to play in the MLS, remember that you need to tailor your offer to the property to maximize results.

For this year, I decided to use my spreadsheets of previous years results, to pick off a few select certificates on really nice properties in the Sedona area.I knew this meant my interest rates would be on the lower end, but still better than savings accounts, CD's, and Money Market funds.

Jon -While I agree that for most people in most situations, a house is *NOT* an investment, I also think that that your analysis above for the value of a low-interest loan is actually a great argument for why more people *SHOULD* be buying homes and taking out a loan.While not everyone will be able to take the money and generate a significant enough return that the result will be substantially beneficial, there are a lot of people (like most of us here on BP) that have the right mentality to make that achievable.Again, for the general public that has little expertise, interest or experience with investing, I completely agree with you.