I ride my bike on the strand all day, then eat at one of the downtown restaurants, then, after my daily dose of vino, find my way up to the meeting.

This new CA bill also belongs in the circular filing cabinet.As far as I am personally concerned, they can take this law and eat it.

Granted, I'm no expert at estimating repairs at this point, but paint, flooring, and kitchen updating would eat up the whole margin between what they paid and the confirmed sale price!

If you know a good geographer, you might be able to get ahead of the curve.Interesting comment regarding the keynote speaker Paul...I actually believe that the stock market should stall for the next 20 years given baby boomers reluctance to leave money in there as they start drawing from their nest egg....only time will tell!

Using the deployment to build up a decent nest egg so I'll have some capitol to work with upon return in June.

That said, though mine and my wife's work eats a huge amount of our time and will no doubt somewhat depress our learning curve, it does provide us funds to embark on this venture, just proving the good comes right along with the not quite so good.As a bit of background, an amusing (somewhat) anecdote: our current house, our first, may become our first flip.

No, it doesn't meet the ratios, but, if you can buy property and it doesn't eat anything, it's nice to have stuff....you do know, they stopped making the stuff some time ago.

My other seven properties generate between 250 to 450 per month in income or about 2,700 per month.I would love to hold the one house I am selling, but I love eating and keeping a roof over my head more!

How much will that updating/rehab eat up the cashflow you have made over the years?

Good luck with your project and make sure you stay on top of it and the timle lines, as the carrying costs can eat you alive.