I'm wondering if any of you have incorporated climate change considerations (drought, sea levels, wildfires, ...) into your investment location decisions.

Bought splendid home at sheriff's auction after foreclosure; now (in Oregon, at least) the previous owner has 180 days to redeem the property, paying me (via the Sheriff, I guess) the auction price plus change.  

@Stephen Sawrie,In my opinion, you are 100% right about that.The way I look at it is this - say you have appreciation of 2% (our historic is about 3.5 in this area) and loan pay down of 2% (obviously changes as the loan goes along) and cash flow of about 8%. 

The key is that 2 year work history that you'll need to establish.In certain circumstances you can use the income before you even receive your first paystub (certain relocation and job change scenarios), however typically you'll need to receive atleast 1 paystub to use it.If you have had no work within the last 12 months preceeding this new job then you may need to be on this job for a min of 6 months before you can close on this new loan which would hamper your plans to close within 45 days on this duplex.Then again scenario #3 if you have the credit and the down payment and the property cash flows from conventional underwriting perspective and you have "no credit card debts," on your credit report then you may be able to qualify any way since your debt to income or DTI will be 0% (property cash flows) no debt outstanding to qualify for as the duplex will be adding income to your scenario.I've had an underwriter okay scenario #3 above but have never funded a deal like.

We meet monthly at dinner meetings, and host educational seminars and workshops like Landlord 101 and the Ugly House Tour.  

Happy Monday Morning Everyone!!! So yesterday, was day 3 of 3 of the Affluence Edu weekend seminar, 1k investment got me a weekend work shop on how to wholesale properties as well as up sell pitches for their executiv...

I went to college directly out of high school with few ideas on what I wanted to do with my education!

There is no such thing as silly question and it's good way to educate yourself. 

Since it is our practice to analyse a property using the posted rate - and then obtain a variable rate mortgage 2%+ lower, but set out payments as though we were paying a 5-yr fixed at the posted rate ... it will be not change for us ;-)

For sure get as educated as you can!