I'll drive out to Lansing- when there isn't 2 feet of snow on the roads:) Talk to you soon

Omaha...Pros: - Strong, diverse local economy with low unemployment- Strong rental market with good price/rent ratios- Good appreciation in better areas, withstands economic downturns well- Affordable price points for starter homes- Landlord friendly, evictions can be done in a few weeksCons:- Property taxes are brutal - around 2%- Weather extremes are insane - extreme cold and snow in winter, flash flooding, tornadoes and hail in spring, sweltering heat/humidity in July/August.

During the winter the snow will make the roads more of an issue and will take longer to get there on bad weather days.

Just don't trust only in the comps supplied by the wholesalerAlso check and have different estimates for the rehab work and materials and time necessary to complete, be sure you have the right contractor and the right numbers ready before committingAlso take into account apart from financing costs you will also have: closing costs when you buy and when you sale later, Realtor commissions to pay (5 to 6% of selling price), holding costs (utilities, taxes insurance, mowing the grass, removing snow, cleaning, small repairs, etc) meanwhile you wait for closing the house (once under contract it can take 2 to 4 months to your buyer's bank to close), so be prepared to have the property under your wing from 2 to 6 months, even if you repair it in 3 days and find a buyer immediatelyThe older the house the bigger the contingency you have to build into your numbers, there will always be something unexpected with a very old househope this helpbest regardsNereo Mendoza

S now calls me to ask questions and is upset with J and is considering suing him.

Don't even imply investors or partners or seeking money, opportunities may exist since you're just snowed under!

I often "trade" exclusive use of a garage (if there is one) or a little rent concession in exchange for cutting the lawn and keeping sidewalks clear of snow.

Personally, I like to look at a house at least twice prior to finalizing my #s. Now

Dear Colleagues,I am a newbie RE Investor from 'always sunny' Central New Jersey (and no, it did not snow on April 16th) wanting to say hello to everyone and to make new friends.

If it was closer to EDDY, and North maybe 100k,  BTW the new owners' taxes are going to be about 1500 more then yours, 890 hmm, what about lawn snow, repairs, well I was only off doing rough numbers by 80 bux a month, pretty good LOL,