Florida also has many distinct markets.   

And so forth.Each has a distinctive stink (how sad that i know this....) but once you identify the smell you can move toward remediation.Good luck and let us know what happens.

That is not a distinction under Reg D.

She left toys at the top of her stairs with no child gate (and was told by us how dangerous that was), and her daughter tripped over one, fell down the stairs and broke her collar bone.

Seems like a good deposit and references help lessen the damage.I don't allow swimming pools or trampolines or dangerous breeds of dogs.

They said there is a distinct odor in a place that's infested.

Remember also that interest expense is a deduction for investment property.When you have free & clear property you have less expenses to offset therefore your taxable income is much higher.My point is not that I encourage leveraging to the hilt, which is extremely dangerous in the wrong hands.

:shock:The ONLY way I'd buy right now, if I were you, is if you can legitimately find a property for less than 70% of its market value, and even that is suspect.You have no cash reserves, a dangerous position for a homeowner to be in.

When dh and I were married, we were taught to avoid debt like the plague-- no distinction was made between good and bad debt.

One of the most unique aspects of today's RE market is class distinction between the experienced an inexperienced due to the fact that the market has turned downward and caused margins to thin.