FAR from a master and am always looking to learn more.Football: I am a life-long Buffalo Bills fan.

This gain may be offset against the losses that have been hopefully generated in the earlier life of an investment.

Definitely don't want to pay PMI for the life of the loan.

Healthy area of Cincinnati. 

With being in the highest tax bracket, the LTCG tax rate is 20% with a total tax of $140K ($700K X 20%).The couple owns their current house free and clear and they're 70 years old and want to live in the new house they'll buy for the rest of their life.

If If I could go back to that stage of my life I would want to go that route.

If you go two blocks over it looks much worse, but it is investors like us that are taking these older properties and bring them back to life. i was looking at this complete gutjob - https://www.har.com/2720-truxillo-street-6/sale_59...It could be a decent investment, assuming i could get them to go about half the price they're asking.

This approach tends to appeal to computer programmers, a new segment of the freshly affluent in our society who have made plenty of money out of math and are already half-deluded by their success in computers into believing that equations applied to concrete, earth, wood, steel, human failings, weather, and the inexorable passage of time will yield a golden system that anyone can use to become fabulously wealthy out of land and the structures built on it.Regard the mathletes and their beliefs with a healthy dose of skepticism, drill down past all the fascination to what these numbers are supposed to offer you in the way of insight, and you'll be fine.

Though as much as I enjoy my work, I don't want to have a 'job' for the rest of my life.

New investors are well-advised to steer clear of C/D properties - the turnover, evictions, and Section 8 red tape are a hassle even for more experienced investors and the returns are rarely as good in real life as they look on paper, especially if you have to pay for a PM to manage an out of state investment.