That may be my best bet.

As you are realizing it is a psychological benefit more than a financial benefit; although it is that too.I bet you could squeeze some more out of your budget and/or increase your income enough to get rid of the CC debt this year!

Check them out and I bet they know some folks working in your part of the world.Kevin

I bet you will find that entities get taxed at the state level.

@James Sinclair James I bet you would have more fun being the bank, than being the landlord. cash flow is much better let some of these young guys and gals that want to build up their portfolios deal with the 3 T's while you cash your check.Most of the Investors I work with now a days would much prefer to be the bank than own the asset..

It does need structural columns replaced in the basements which is a caution, as well as rear decks being replaced as the are build on cinders and not ground anchored.Here's where I need the expertise from BP!

Since an increase in cash flow translates into an increase in value when valuing real estate via the income method, even junker rentals will increase in value at around the rate of inflation, like nicer single family homes do.Now, I'll bet some are thinking about neighborhoods where junker prices have either stayed flat or gone down over time.

I'd say your best bet is to visit as many local REIA meetings as possible and talk to as many people you can.

@Michael Lerch I agree, it was harsh, when you were a little kid and started to run in front of a car, I bet your parents spoke harshly, responded quickly with a commanding voice.

I'll bet they would be happy to answer any questions they can.