The tools we have today are making investing long distance very achievable.

I am glad to hear that real world landlords do achieve results.

I value my time, and buying at the courthouse steps requires too much legwork compared to the results achieved.

Curt I hope you don't mean "leave hem behind' literally.While my dream is achieving financial independance, for some reason the #1 thing that associates with that is bringing my dad $10,000 cash in envelope every month.

If you have read Think and Grow Rich by Napoleon Hill one of the main factors of success is having a mastermind meeting with others that have achieved what you want.

Anyways that's a little bit about me and i hope i can meet some great people with stories like mine that have actually achieved the goal.

I do not feel it is correct though to say his spending is the cause of our collapse, likely to happen as you mention or at least a lot of dollars to be printed to pay off foreign debt, , but he inherited 11 trillion in debt and basically a depression economy with no chance of achieving anything without massive spending.Saw his picture in a paper this morning and noticed, he has aged a lot in this job already, don't know how many people would like to have it at the moment or would know how to do it better.Cheers

If you take into consideration all the ongoing and future costs associated with each door, you will find that paying 1% rent to value ratios is a losing effort.In some areas, where the rents are higher, the taxes and insurance are lower, and you are in better parts of town, you can achieve positive cash flow with 1.25% ratios, but older homes in lower income areas with gross rental incomes $600 and below, you will need to be much closer to a 2% ratio to make the money needed each month.This of course is based on averages and every area is different, but 1% rules will rarely result in $100 per door positive cash flow, and possibly never.

It was to ask people to speak with brokers and determine if there was a way to use 223f financing to achieve 100% financing.

Your job is to present a sound alternative way for them to achieve that goal.