What's the arrangement with the payback of that principle or is that returned upon the sale of the home or does she recoup that first from rent?

This equates to 16.5% ROI (cash flow, principle reduction, tax savings) on my estimated $38,900 cash invested ($5k of that is misc. repairs and closing costs).  

The "realtor" who claimed that taxi drivers opinions are indicators of real estate trends vs. the college educated guy who pointed out micro-economic principles of supply and demand, not statistically invalid public opinion of statistically insignificant sample sizes of irrelevant opinions of low income and uneducated people, drive real estate.

Just been setting in my sights till I see my first deal.

A mortgage is made up of what is called PITI which is principle interest taxes and insurance.

Then, you can install a double Y and provide a p-trap for your sink and an open sight drain for your dishwasher.

Just a personal principle...Before:During Rehab:After Rehab, ready for move in!

I couldn't imagine every buying a property sight-unseen, unless either:1. 

Other then that I love the guy and a lot of his principles :)How would I be able to purchase another house at 5% or less down?

Also you can talk to an attorney if you want but it will probably cost more in attorney fees then you lost already so, unless you want to sue on principle you are probably out of luck.