Not an exact quote from numerous medical studies but more of a synopsis.BTW; just to brag a bit on myself (and say "bite me" to just about every authority figure in my schools, except my Senior year Guidance Counselor, here is a short history of me since '66.Drafted into military, ended up spending 9 years doing that, a couple of combat decorations, started my BS while in service at the urging of my Colonel who told me my talent would always be wasted in government service, finished my BS in about 30 months of starting, despite several extended TDY assignments.Held 5 jobs within the first 3 years after getting out of the service, and had started one company, later sold.10 years later I had 5 rentals and an MBA5 years later I had 10 rentals and had started a second company5 years later I had quit a job after 17 years that was paying pretty da** well, started a partnership (dissolved within 3 years) and had 16 rentals, all paid for, owned my own house free and clear.BTW, despite my stellar 1.3 GPA in high school I had a 3.7 in college and a 3.8 in graduate school.

Cop rode by on a bike did not say **** guy did not look twice just said fu** da police!

Call the DA and tell them what happened.

Die guten gehen da meist unter der Hand.

-Area has improved from D- a few decades ago but seems unlikely to improve in near future.

Tom Vu, of course ;)That’s why:With Salt N Pepa playing in the background....ta ta ta da da, push it good, ta ta ta da da push it real good!

A-I-D-A.

The DA presses charges after the police submit a report to him. 

The Cajun kept grinning and said, "Dis mean de Saints done won da Super Bowl?!!"

We can take the same line of reasoning when Analyzing other Risk Hazards such as loss of income; loss of property ; (house loses entire value) ; In addition , I think we need to look at other non cash returns when considering leveraging versus non leveraging, as some of Leveraging benefits don’t show up on the cash flow line Total return Calculate total return for scenario sake – assume 25% tax bracket and 5% appreciation Option 1 Cash 2250 Month * 12 months 27K a year 27K / 300 K = 9% ConC return (as stated) Other returns Equity build up = $0 (already %100) Tax savings (assume 40 K tax basis , 27.5 year amortization ) $1450 per year DEPR allowance * 6 houses = $8700 $8700 DA * .25 (tax rate) = $2175 Appreciation Appreciation 5% = 50,000* .05 = $2500 year appreciation 2500 * 6 (houses) = $ 15000 Total return = Cash + equity + Taxsavings + Appr = 27000+0+2175+15000 = $44175 4175/300000 = 14.71 total return Ending Equity => Value – Liability = ($300K *1.05) – (0) = $315K Option 2 Cash 2880 Month * 12 months = $ 34,560 a year 34.45K / 300 K = 11.52% CoC return (as stated) Other returns Equity build up Using financing model above (25K financed at 5% over 30 years ) – yields $360 equity build up in year 1 $360*12 houses = $4320 Equity build up Tax savings (assume 40 K tax basis , 27.5 year amortization ) $1450 per year DEPR allowance * 12 houses = $17400 $17400 DA * .25 (tax rate) = $4350 Appreciation Appreciation 5% = 50,000* .05 = $2500 year appreciation 2500 * 12 (houses) = $ 30000 Total return = Cash + equity+Taxsavings+ Appr = 34,560 + 4320 + 4350 + 30000 = $73,320 73,320/300000 = 24.41 total return Therefore you get more sizeable return on your money for assuming the probability of more risk, even if the impact is lessened