Financing trends are national and those drive real estate valuation to a high degree so banks being nuts and appraisers being scared will continue to put downward pressure on pricing.

We had a scare where I live when at the top of the market our landlord refused to renew the year lease and took us month-to-month without explaination (I had already done the math and realized that even an interest-only payment on the value of the house was less than our rent).

I bet you didn't know that gold and silver investing was part of health care did you?

(Except on health care reform!)

They must all also participate in the national health care plan they pass for the average citizens!

I think the Hollywood version was created to try scaring people into good behavior........um.........not working in my area.

New investors usually don't go with a corporate structure because of double taxation and employment requirements, but if you don't have health inusrance, or other retirement benefits, that might be an option for you.Bottom line, I suggest you see both, an attorney and an accountant.

I would not one a new investor to get discouraged by being scared off by this 50% rule.Lastly, if you can do your own repairs, the $ saved on repairs is huge!

Years ago I started watching Suze Orman, saving, investing, and reading up on having excellent credit - it really is not as complicated as you may think to fix/build credit.Don't be scared at all, If you apply and can't get anything they'll say no.

The seller needed out of the house and to move in with other relatives for health reasons.