I bought a few VA and FHA assumptions back then (late '80s, early 90s), and sold quite a few to investor acquaintances.Once the "big run" in Houston ended I surrendered my license.

A lot of the above statements keep refering to 'All realtors'.Truth be told, there are quite a few lousy realtors out there, as there are bad representations in ANY profession.So some of you have gotten in touch with some that don't live up to your expectations.Move on then, until you find one that does.But be fair about it & don't classify ALL realtors the same way until you have spoken to ALL of the realtors out there!

I personally plan to retire, or quit my day job, in 7 years.

There is still quite a dispairity between ROI for a rental unit but with supply dwindling and demand consistent single investment units are still good investments.Sorry this reply is six + months late :D

However, I have quite an inventory of washers, dryers, stoves, friges, etc.

She is also against paying half because she claims she pays rent in Canada...which is not quite true as her husband is the only one who works so she doesn't contribute one dime to her rent there.

I dont know what kind of poor people you deal with, but poor people I know eat what they can get (low end food) and cook it in grease to make it taste better.I've been working with mid to upper-end stuff for four years now and it has treated me pretty well.

I've made a fortune on that which I actually stepped up to the plate & BOUGHT.....All my "bad experiences" are related to "Eating Crow" :cry: (& it tastes NOTHING like chicken) :violin: & NOT having taken that swing...only 2 later find out that the property was worth 2x...

There seem to be quite a few mortgage pros here who can probably help you with the financial aspects.

That was quite a project!