I don't know if this is true or not (certainly hasn't been in the past), but he's a long-time investor and knows the ropes, so it's something to keep in mind.

I know that anyone can be an "inspector" and was wondering if this is also true with appraisals.

This is especially true once you moved in with your siginificant other.

There is college debt, mortgage debt, home equity loans, car debt, credit card debt, the list goes on...

Here is something I've noticed when working with contractors -- the little guys mostly never have a website, let alone advertising except for some quick little Craigslist ad, some don't have business cards, etc.

Thx for the link, i'm in Tucson and have some subdivision lots to sell, hope it's true and comes down here!

They can pay your loans off with their credit cards before they file.

Anything in excess of that is the true cash flow that I can put into the next property or spend or whatever.

Some of the deals seem almost too good to be true.

True -- and the tenant can't go without their cell phone or cable TV (or internet).