The “As-is” part of the sale wouldn’t require major expense up front and the value could get back up there with a little TLC, which quite frankly, I would be looking forward to.I realize cash is king and if I had it, I would make the deal and buy the house.

In my area I am not quite sure how well it is for renting.

That CSB chart lays it out quite clearly -- 2010 and 2011 will be disastrous - particularly in the case of option ARMs.

We eat off of Corelle and buy used cars.I fully expect to have turned over nearly all my wealth to my heirs well before I die.

We do a fair amount of multifamily too (mainly larger complexes), and have found expenses on smaller complexes (10-50) can be quite a bit higher per door and are often under-reported by sellers and management companies.

Well owning rental property and being a landlord is like eating sushi.

Quit worrying about the deckchairs and fix the leaks in your ship.all cash

However, since the current happening in the Dutch RE market, we've decided to wait a little with our Dutch investments.We did do quite some research on the matter thought, so if you need help with anything, feel free to send me a msg.

That would eat up another 3-5k in closing costs.

Yes doing the work yourself is the long way, and holding costs can eat up any savings gained by doing it yourself, let alone you can't market for buyers or new properties if you are rehabbing, but I can understand you want to know the process for future investments.Do keep us informed of your progress!