Sheez,  I can only envision someone throwing in an ante, sitting down and then asking, "So -- how do you play this poker game anyway?"

Cap rates give a broad picture to an investment and based on my past valuation experience looking at secondary and tertiary markets I'd expect close to double digit, if not a little higher for Dover.

In real estate, including appreciation, your return can easily be in the double digits.

In this digital age, the issue of geographical location is becoming less and less important to running a successful investment or rental business.3.

the bubble "pop" ain't happening. when you've got a decrease in home prices not seen since the depression, it's bound to come back up.I find it comical where everybody fears a bubble yet at this time last year I was speaking of how we will see a double digit increase soon. all of the "BP nation" told me I was on drugs and that "the experts" don't expect that for some time.I hear a lot about the govt being in debt & I agree - they're incompetent fools yet the value of this country - just based upon precious metals, oil, etc puts us at an infinite number. we ain't going anywhere.and let's just say the housing market does crash. good!

There are so many other markets that can achieve double digit returns.

This day and age, it's also easy enough to have the PM send before&after digital pics of significant repairs.

Ali:A pretty blanket statement which would be akin to someone saying prices are too high in the entire U.S.A. to support positive cash-flow.There are lots of markets in Canada in which a healthy cash-flow is possible - naturally Vancouver (BC) and GTA (On) are not two of them at the moment - some where, with a little perseverance, you can even see cash flow at a double digit rate.

Rehabbing is a lot like poker.

Figure mid double digit interest rate, a handful of points and 6-12 month term, maybe a bit longer.