For those of you that watch MM... his entire first piece was on his theory that housing was bottoming in 105 days.

However, I am seeing great deals on SFR with renting potential, so here's my question:Do you think SFR are a good idea to start out with as long as you rent them out in pieces, either by the room or at least in two pieces (i.e. main floor and basement separate?)

Even pieces of junk have multiple offers.

He literally just pulls the random piece of furniture aside and sets them loose before he leaves the house and he comes home to clean floors.

Now I started out with a piece of paper and pencil so don't complicate it too much.

My thoughts are, in an area where there is a hot market, builders scour the area for lots, and know every piece of ground in their area.

They are competitively priced and their trainers are top notch.

There was easily 50-75 mail pieces in that stack which soon went into the garbage.

This was the same guy who successively rolled outstanding car loan balances into the next loan of a high end piece of chrome (just for the status of a NEW vehicle).Today REI opportunities abound esp with 30yr term @ <5%.

We know from past experience that this broker isn't very familiar with FHA regulations (or doesn't have an underwriter than can handle quick FHA deals), and we'll tell the buyer they can't use that broker, as we know the deal will likely fall through.As for the ethics piece, not all agents are Realtors, so it's very possible for NAR ethics rules not to come into play.