It has 2 bedrooms / 1 1/2 bath upstairs with a bedroom and a full bath with washing machine and dryer, downstairs.

I'm looking hoping to virtually meeting many of you and move from Newbie to Seasoned.

The fact that international money printing machines are all running in turbo mode has engendered an enormous concern amongst fund managers, especially the fixed income type ( in August, a Wells Fargo bond fund manager said to me that he was so afraid of QEs.)Hedge funds have their own pricing models(far more sophisticated than traditional appraisals).

This is worse than Rent-PITI=cashflow, this is virtually Rent=Cash flow thinking.

It sounds like it's either grease from the kitchen sink or lint from the washing machine.

The LOC just greases the gears for your RE investment machine.

Have you ever looked into virtual wholesaling?

A cash buy of real estate was virtually unheard of a couple of decades ago.

Machine Guns?

Where he comes from, the infrastructure and resources that we have in our society don't come close to the virtually raw land that they lived on in the village.he's killin' it in commercial right now, btw... comin' from only the clothes on his back w/his family of 3 and his wife w/his broken english. :)definitely we (i) get in my own way more times than i may realize...thanks for the great question/post!