If any of you make it out to Australia please look us up at [LINK REMOVED]and send a request telling me you are from BP Forum....we are totally addicted to travel these days especially when combined with couchsurfing, have had so many wonderful experiences both as hosts and guests.

I am testing out a new system to monitor vacant properties, it is a combination of a few things and not designed specifically for this purpose.The first component is a vuezone camera system.

She needs to look for a different (cheaper) property that she can qualify for now, save more money, improve her credit, improve her DTI, or some combination.

Edwin, thanks for the feedback.I agree totally.I'm getting the feeling that your pool of buyers with cash that are looking for more turn key properties is larger.I just got a great response from my buyers list and a lot of interest from sending out a 2 house package on sale for $65,000 and collecting a combined rent of $1,300 and some change.

So, while the bank will loan you 80%, they're not going to let you have a combined LTV of 100%, let alone more than 100%.

David, thanks for the correction.Phillip, I bought the COMBINATION POLICY & PROCEDURES MANUAL FOR REAL ESTATE AND PROPERTY MANAGEMENT $420.

Charles Perkins--I approached this issue from this perspective:1) we (landlord & I) have a verbal agreement that I pay rent and 1/2 utilities. we've never discussed and as far as I know he's never considered or brought up late payment penalties. this is inconceivable to many people on this post; but this is simply the reality of the situation.2) both roomate/landlord and I know that we've put things off too long; he's had to go back and calculate the utilities that i owed and we're agreeing on the final amount owed.3) i have put money aside every month to cover rent/utilities and we will soon square away and I'll pay agreed upon amount.Since I have all funds and am ready to pay; combined with the fact that we both agree there are no late fees, I'm not concerned about the bulk of the rent owed as we both agree on this amount.

When I had to go up to Swope Park in KC and be there after dark, I usually had an AR 15, 12 guage auto and mag and a 9mm auto, just my favorite combination to pack light!

I have even heard rumblings of banks loaning money and there has been recent policy floated about strengthening lending to small businesses.All of this combined with people being sick and tired of things being "bad" will add up to a boost in the economy overall.

You clearly have the drive to succeed and sounds like you have the means to finance also, but you have to be very honest with yourself about your understanding of the area and the financial aspect.You must have ALL of the things come together before you can succeed, not combination of some of them.