@Francois Frigon Looks beautiful!

If they are not getting rent it is not cashflow positive...........tenants posting signs like that is a big red flag and the fact that you probably wont be able to get the tenants out of there until late this year or early next year would have been dealbreakers for me.

I have been trying to get one since April but the market is red hot and I had lost close bidding wars up until now.Our offer was accepted and on Friday, we had the inspection.

Those 8 Cleveland beauties will probably cost $200k, all in cash, unless you can buy a package of them from another investor or find a lender to write several $20k mortgages.

I did it and it turned out beautiful.

I would say the crisis is pretty much caused by the beautiful "american dreams" that every household in the U.S. should have their own houses, even for those who actually really can not afford in the long run -- that is the initial purpose of the government supported institutions, such as Fannie Mae and Freddie Mac -- to lend money to those who can not afford in the long run.

If a red-nosed reindeer can NOT get his/her nose to glow, or isn't strong enough to pull the sleigh, the hell with them.

The first investor told about the beautiful apartment building he owned. 

Seems like there is a surplus of beautiful brownstone for cheap, and idea on the future of the neighborhood?

As far as I can tell the zillow, trulia & red fin apps only give you individual homes sold and not an overview.thanks