there are large groups of people working the system (the 51%)... therefore the burden goes to the taxable income earners in the middle.. not the uber-rich (as buffet just commented on) and not the poor.

Don't know about you guys but......I find myself to be in the middle of what Mike does and the rest.I hire work out, but find that learning to do my own repairs has been one of the best decisions i've made in investing.Atleast for someone who is starting out in investing.

It is a small step from "smoking weed" to dealing and if he deals from the house and gets caught you might find yourself in the middle of criminal charges and a seizure action to take the house.Of course, the reason you use to boot him is the lack of rent payments since when he pays you the second half of November he is already behind for December.

I started advertising both homes in the middle of Dec on craigslist and a sign in the front yard.

I don't know about the areas that most of you live in, but a typical middle class house goes for around $230,000 - $300,000 around here.

As far as I'm concerned, a tenant that refuses to pay rent is no different than someone breaking into the house in the middle of the night and stealing several hundred dollars.

My home town is kind of in the middle of no where, and also the place I am going to school at is not the best place either, basically what I am trying to say I thought this was a great deal because of the price and this is the only thing I have ever been offered remotely close to this price.

I mean anything is possible, we go a president w/ a middle name Hussein (sp?)

I did phone a peer of mine that does the L/O model in a more middle class demographic, and he said he runs about 40%.

Sellers are unfortunately are caught in the middle.