In the mean time, I have a tight little cash paid unit that should generate good cash flow if managed correctly.

So I contacted the person at Fannie Mae, they said that it was correct that it was up for Auction again.

That way you know you're covered, you know the local research is being done correctly and you know you can get in touch with someone if there are title issues/disputes.

Dale you are correct that I need to gather all my information before I start, which is why I posted this.

If staged correctly I could split the master into both a sleeping space and fairly large sitting/office area.

Yes, you're correct that the security code applies to all iPhones.

I didn't really understand in the beginning that this was for your own portfolios.In theory, everything you are saying is correct and there should be a lot of interest, but I think there may be a perception of a lack of security.

There is nothing wrong with that.It sounds like the realtor you mentioned found a lead on his own and wants to sell the five houses, make a cut of the proceeds and not share with the broker, correct?

Following that formula, unless my rents are double my expenses, my debt:income ratio goes up, and after the addition of five properties, may be into the 40s, making a 2nd home purchase difficult.Am I looking at the correctly?

Judy - Chris is correct.