RECORD COLD Temps below ZERO TIP: How to keep your pipes from freezingTurn on faucets allowing them to run a faster than a drip.. a very slow stream -, BOTH Hot and Cold,OPEN The Cabinet Doors BELOW All of your sinks, kitchen, bathrooms, etc.Turn up your thermostat now to get a head start before below zero temps arrive.Laundry Room - Washer, dryer - if your washer and dryer is against an outside wall, please unscrew you hot and cold water hoses from your washer and place them in your washer (the same place you place clothes) and let the hoses just dangle in there.

Looking for a "sanity check" from the expert community.Wife and I purchased a home in 2005 for $360k with one of those wonderful 80/20 interest only heloc deals and I am paying about $1300 per month (3.25%) plus taxes/insurance. 5/1 ARM Bubble burst and now property is worth about $270k and slowly recovering. 2011 3rd baby came and needed more space so I found a great place nearby and locked in 30yr 4.25% fixed and moved in.

@Mike D'Arrigo@Todd Burton  Although I am a firm believer in buying in your local market when starting out to get your feet wet.this is a sad commentary when investors sour on an entire market because of one bad apple.its like throwing the baby out with the bath water.However for most first time investor buying the cheapest rental in a given market is usually pretty risky frankly.. and those assets are more appropriate for locals who can stack them up and own 10 to 50 of them.. and run them as a business.I know its hard to fathom that on the west coast thinking anyone can own 10 to 50 homes.. but in those markets its quite common.the reason is Morris/Oceanpoint is only paying 5 to 10k for them in the first place and doing bear minimum in getting them ready to rent.. and from what others have said they are doing NOTHING.. :(  .. whereas say in west coast markets you can't buy any property that cheap even a beater is 100k.now in PHX you can buy 30 to 60k homes but they are in some pretty tough neighborhoods.. so why would Indy be any different at that price point.. ? 

I am 20 and almost all my friends do it(I don't because I believe it's unhealthy, stupid and a waste of money) and their apartments, clothes and cars smell like sh*t.

Just add the cash flow into your analysis baby!

@Vincent Crane,I don't know about the other markets, but here in Atlanta, I don't think we will ever reach that 2012 (1996 levels) again.In terms of the stock market 2016 is a significant year as 75 million baby boomers will turn 70 and will be forced to pull money out of their pension plans.

If you allow someone to stay at your house and they bring clothes it can be considered tenancy.

Tenant takes her baby to the emergency room, where they fish a cockroach out of the child's ear....  

I sleep like a baby...

If REI is a path you want to follow then start with baby steps and see if it's for you.