But a low interest rate is, of course, important to keeping cashflow-positive, especially around here where purchase prices are high.

Simply because I feel my people and negotiating skills could easily be transformed and work to an extreme advantage in this field of the real estate market!

Look on the Southside (SE Jacksonville) for low crime + new construction. 

Is insurance really that low in Memphis($450)?

My plan is to buy foreclosures for a low (but modest) price, flip it or make some nice reparations, and sell it for as much profit as I can.

I am extremely lucky in the things that I have and the levels of success that I have attained in my career. 

It's a lot of work for a low commission.

With carpet, I usually go with one of the more expensive carpets instock at Lowes, and upgrade the pad.  

Paying down a rental and leaving equity sitting dead is a extremely conservative investment strategy and actually reduces cash flow on a property rather than increasing it due to the high value of cash.

Myself, my wife, my two-month-old son, and my brother.We take extremely good care of our places of living.