IMHO I think the renters in our market will break before the home buyers. 

I am currently talking with a Realtor and have visited a few properties, although through my analysis there aren't many deals on the MLS that will cash-flow or even break even with FHA financing (at least at this time of year).I hope to make it out for the Chicago Meetup this Tuesday and start networking with locals and learn more about the community. 

In their original condition they are break-even and pay for themselves, but over time I will do updates and increase rents to get them cash flowing better.It is a tough market and favors the sellers for sure.

At that point my cell phone started breaking up.

Wife and I moved here 3 months ago and also looking to break into REI out here.

I told her she needed to move there and take over.. she did that it took her 6 years to get it under control and back up to the point she could sell it and just about break even... she HAD to live in Oaklahoma city :( not what most NW folks want to do.. she finally sold it bought a nice 5 cap 20 unit in PDX and a condo in Maui and is quite happy with no management issue that is the west coast.My other associate.. calls me one day..

Turned out that the break was about 5 feet from the valve/meter, underground, and under the house.

They offer all the tax breaks for the businesses coming in.

It might be a good idea to have a written partnership nuptial.I understand how it is to be busy with all of your businesses.Some of my businesses are; Real Estate Management, Auction Company and Investment partnerships.I do find time to practice my art.I guess it is OK to announce my art show, all sales go 100% to charity, The Smile Train.www.auctions.investorsunited.com to see the bidding process and view the paintingsAlso on Flickr at www.flickr.com/seeparrishartBrandon, I think it is important for people like us (managing lots of businesses, lots of stress and controlling the moving parts) to have an escape, a diversion, a creative outlet, a mind break from businessWhat are your thoughts on that?

Many with negative or break even cash flow.