Difficult, not unrealistic.I have a duplex with $400 cash flow and 90% financed in Texas.It is new so I will not have to worry about major maintenance/repair expenses for the first few years.

Let's open this question up for discussion:Why do the majority of folks buy everything when it is on sale, with the exception of real estate and stocks?

HAs can and do change the rules after you have already purchased.If the HA has been badly managed and a major repair is needed, there might possibly be a very large assessment againt each unit.

I imagine not every Italian eats this way, but Im pretty sure major grocery chains arent on every corner.

Maybe a couple, but definately not the majority.

Detroit has some major possibilities.

No income, no job, 38 accounts in collection, multiple evictions, drug convictions, pit-bulls, 6 roomates none with jobs..... nobody you can rent to in that lot.This winter, the callers are practically non-existant and the majority of them are telling me they only want a place for about 6 months because they are planning on buying.

But in a short reply from the New Jersey, they indicated that my definition of birddogging was stepping on the activities of a real-estate broker which requires a license.My definition of birddogging was both/either1) Merely finding information and presenting a possible deal to an investor with a finder's fee contingent on the closing of the deal2) Or finding a property and representing the seller in a short sale and then finding an investor to buy and taking a fee upon close of the sale-- not sure if that is what other birddogs are doing, but from what I read, these two options seem to be the majority of the activities --I am currently requesting a copy of the State of New Jersey's real estate commission's guidelines and regulations on paper so i can read through it a bit more.

This allows HUD to manage more effectively the greater risk supposed to be inherent in these loans, thus lowering the insurance premiums for the vast majority of borrowers.

No major issues to report and the performance has been amazing.