And, as a Condo project everyone is sharing in the water bill by allocation of the HOA fee which should be increased is common area expenses have risen.The water may be cheap and voted the best taste in the USA, but the sewage portion of the bill is not and a large amount is based off the water volume.

I have downloaded the podcasts and look forward to listening -- this week's podcast about REI while holding a full time job is VERY relevant!

This question is very market specific and how you do your taxes, but we always suggest that an investor has multiple strategies on a property.

Best of luck! 

The JWB team is very easy to work with, diligent, explain the whole process and always follow up on questions you may have. 

For us, we are looking and doing LTR or MTR furnished room rentals but its very operationally intensive.

In fact, there are even financial markets that specifically bet on future levels of the Fed Funds Rate (unsurprisingly called "Fed Funds Futures").These futures correlate very well with certain bond yields which, in turn, correlate very well with mortgage rate movement.

I'm still a little confused about the best way to finance my first buy. 

How can an investor best exploit another set of investors who will likely lose their shirt on bad deals of the past?

He says they are very easy to pierce and show you’re behind it, so don’t waste your time with that.