We've made some changes today that I'm guessing you guys can already feel.

MFH prices are dropping as well, bigger downpayments, may not appreciate as fast, cashflow seems to be more important, still getting partial mortgage payment if a tenant is gone.I guess, I am wondering which would be a better investment today.

Can any one give me any tips on owning rentals in a not a totally ghetto area, but i guess i could say a little run down.

So I guess that makes 100% aggregate in real estate.The best returns by far come from the HML business @ 22% constant.Mike P.

I guess my biggest concern is the dishonesty on the app, but considering the collections from 2008, I can see why they would lie.

I'm guessing someone in the higher tax brackets would get the best results from this.

If I don't have a contractor or someone with experience with the rehab, I try to give a best guess based on the following formula.Square footage of the house * Rehab Factor (e.g. 5-12 depending on the severity of the rehab).ex. 2000 square foot house that just needs cosmetic (paint, carpet/flooring etc) would be a 5 rehab factor so I would estimate2000 * 5 = $10Ksame house with repair work and updating2000 * 12 = $24K

I guess i wont be able to refinace?

I guess I already knew it would.

I'm guessing neither argument gets you very far.