I know the one you're talking about, I just can't remember the name.

haha Eric,We go way back with our uncivilized approach mate lolI remember he even had an Aussie realtor to compete with my Aussie sex appeal back in the day.

For example, I owe $340k on one property, and it's worth roughly $550k or more.

Just wondering if anybody thinks it'd be worth it and offer any advice.

I remember learning in college economics where the supply curve meets the demand curve that is the optimal price point for maximum revenue :)

My average home is worth about $400k today (but I bought an average of about 7 - 10 years ago at and average of sbout $200k) rents for about $2,300.

Is the 1st - year owner occupied negative cash flow worth it.

Remember conventional guidelines will hit you with all the expenses, added back depreciation but only provide you with 75% of the total rental income to account for vacancy.

Is the time and effort worth the marginal savings (if any)?

Talk about your investment strategies and find out what financing choices are available for the South Bend market.Always remember to take the initiative to reach out, show up to events frequently, and develop connections gradually.