The bigger problem with all these rules - they keep changing in mid-stream.

It was 91% rented when we bought in 2004, RMC let the occupancy slip to mid 70% by 2007 while the economy was good, and the last 20% drop was from the current business downturn.

Examples include the Students from Wayne State University and College for Creative Studies that have turned Mid-Town Detroit into something not unlike 1980's Brooklynn.

I deducted the damage from their security deposit to pay for the replacement, it also cost me an entire months worth of rent on top of having to replace the carpet, since I couldn't get a tenant in mid-month.

I had a case where the entire back of the house was mid remodel with no permits, it would take an engineer ripping open the walls to find out whether or not you would have to start over.

When they didn't sell he hired a company called Convergent Aquisitions to create a 50 page white paper that basically over glorified the Charlotte MSA and began advertising all over the Web.By mid 2006, Charlotte Multifamilies were selling at 10-12 times gross with no underlying reason for the sudden increase in value.

, and another trillion already spent since the mid-term elections from both parties.

Mid / Late April - The selling agent is telling us that the short sale negotiator is talking to the investors and trying to get everyone to agree and get the deal going (Man.. this sounds like a quick process .. i might be in my short sale home sooner then I thought).

I also review long term goals first because this narrows the focus of mid range and short term goals.During the process I want to learn what I might need to realistically make it all happen and build the stepping stones that help me see progress.2.

Net Worth Percentage Change - 2006 to 2010:2006 +51%2007 +37%2008 -10%2009 +7 %2010 +10%It was mid 2010 before we were back to 2007 levels.2008 - Stock market crash took its toll.2009 - Sold our personal residence, was a tough market, took less than we hoped for when we sold our home.