Good debt - Buy income producing property at today's low fixed rates, then let your tenants pay off your mortgages with the devalued dollars of the future....Yeah, I'm being basically doom and gloom but with some basic financial education and keeping your eyes and mind open there is still much success to be made no matter what happens to the U.S. of A and its economy.

The cap rate is what the property produces as a return.

I'm assuming you're going to use the cash to buy another income producing property.

They do not understand the balance neccessary to promote a healthy private sector but rather insist on a balanced budget without any logic behind it besides it makes sense for a business....

In other words, I have read how some pros do an extensive property analysis and I guess it varies depending on the deal you are trying to produce, such as wholesaling, buying and holding, rehabbing, etc.

. $250.A healthy fine follows non-compliance.I wouldn't lift a finger to help an irresponsible neighbor that would just take advantage of you.

I would get hit with a heavy tax loss but gain an income producing property.

It requires knowledge, skill and training to produce just like any other product.

I think my strategy next year depending on the market will be two fold until we can buy more investments than 4.1) To try to buy some all cash houses in the 50k price range that produces pure cash.2) To flip our cheaper mortgaged houses (2 of our houses have mortgages under 80k) into houses that are more expensive and better long term assets.

Red flags (such as code violations etc) generate motivation, combined with equity generally lend themselves to producing deals.