Why don't teachers just give students all of the reading, homework, and outlines, in the first week for everything they need to learn for the year, and then test them on all of the material during the second week?

Alright so I know this is a bad opp, but I want to make sure I know what it would take to make it a good opp.

$79,900 Short sale leased for 925/mo
Fails 2% rule right off the bat
Has been sitting for 2 months
50% ru...

Not sure how you're doing that math.65% of ARV, $107K, would be $69.5K.

Ok, I did the math on the 50% figure as well, but I didn't know if that applied as much to a commercial property.

Perhaps so, but it this case, all he was asked to do is basic math. $75Billion divided among the 9 million President Obama says will be helped comes out to just over $8,000 per person.

So if I did my math correctly ($10T/260MM people), that means that the total price tag for the bailouts is equivalent to roughly $38,000 for every person?

So, unless you can do your homework on the auction list in advance, and go with a cherry picked list to bid on based on that homework, then i would suggest skipping the auction route and just work the REOs thru a Realtor that afford a higher level of protection for you.

Just do your homework and invest smartly.

I wanted to ask the obvious and do a bit more homework.

But the math is the same everywhere.Some areas are bad areas to invest in rentals.