Actually the national average for both computer and mathematical and engineering professions is higher than the LA average but you had the impression it was higher in LA or Cali than the rest of the country.     

Paying it off is mathematically equivalent to buying a zero risk bond at the % of the debt you paid off.  

People are apprehensive about risks when they evaluate them improperly.Investing may seem overly risky or a bad idea when you measure the risk emotionally rather than mathematically.

It occurs to me that we could possibly use data from previous sales to mathematically find average house sales for different areas.

Brandon may of been just using a quick example to show the  numbers, but not necessarily mathematically accurate.   

So I crunched the numbers solely based off of the math and the pictures that I observed. so here is the mathematical breakdown that I've come up with: with 5% down fha loan, and the other scenario is with a 30% down payment as a conventional loan (Both accounting for a 10k out of pocket rehab budget).

I never did do it though, because I thought the idea of creating internet money based on a mathematic algorithm & then using this internet money as a median of exchange in the real world as a lark, simply because the "currency" has absolutely no underlying asset.

Probably my favorite book, but it's not an easy read.Real estate mathematics simplified - Shulman, Susan A, from 1979, but it lays out the calculations very simply.Sensible finance techniques for Real Estate Investors- Reed, John T from 1984The real estate math handbook _ - Burrell, Jamaine, 2007Successful real estate investing in a Boom or Bust Market - Loftis, Larry B 2007 - one of my favoritesModern real estate - Wurtzebach, Charles H - I have the 3rd edition from 1987The beauty of all of these is that they are free from openlibrary.org.

Always look at this as a mathematical problem.

It is an emotional debate, not a mathematical one.I am not arguing with you.