I mean you get to eat great pizza and drink Portland handcrafted micro brews...

You don't want to go through a purchase of a condo only later to find out you cant rent it out do to rental caps or HOA fees are eating your profit

I eat, sleep, and breath Real Estate.

I'm still very green and have a lot of learing to do, but I cant remember being this fascinated and motivated about something for a long time.

While I agree that the actual motivation behind Ethanol is probably a different kind of 'Green' ($$$), I don't see it causing damage to any engine that was made to use it.

I'll give it a shot here to see if I can shed some light on the subject.Most investors avoid going conventional because it's expensive, time consuming and eats up quite a bit of your cash, now that we have to bring in 20% down before they'll even consider looking at the loan.

In NJ, you get what's called a Department of Community Affairs green card for apartment buildings.

All the costs will eat up 8% or so of the sales price.Does he have other assets that would let him make up the difference?

I doubt that's it but this guy just seemed so green to me, something doesn't add up.

The exception is if you plan on moving and reselling in a short period of time, the closing costs will eat up any profit.