> Most of parts of California will give you a negative cash flow.I'm going to have to disagree with you.

I respectfully disagree with your 8% stock return. 

We are Atlanta's little teenage brother growing up (fast) We are all lucky to be in a booming city basically still many years of growth left I have to disagree on this being a good buy and hold market on most markets.

@Eric Michaels I actually don't think we disagree for the most part.One needs to have a legit lender.I guess where I differ is I don't really care what piece of paper I give someone since I am legit and my lenders are legit and I am going to close.By the time I talk to my lenders I usually have an accepted offer, have my earnest money on the line, done my own due diligence, have had my attorney run preliminary title and have a hard quote from my contractor.

The way I see it, current owner accepted the risk when they bought the property the way they did.We will agree to disagree but the previous owner didn't get a free ride and will have consequences to pay.

@Al NealI couldn't disagree more with this.  

Why do you disagree?

I disagree with @Jim Horrigan.  

I wouldn't disagree with that - making $30/mo isn't quite worth it for me with the stressess/annoyances that come with being a landlord.

Next, I disagree with above - id put as little money down as possible to save more reserves, and then be able to in 6-12 months after owner occupying the property buy another.