Maybe you could argue we'll stay in this low rate environment for the next 5 years, but in 10 - with all of the money thats been pumped into the system and the government's apparent goal of devaluing the dollar I think interest rates will begin upwards sooner and more briskly than you might imagine (especially considering the multi decade lows they are at now).

and can tell you that any TRUE/LOGICAL/LOVING parent will do whatever it takes to afford their kids a safe living environment. i would work 8 jobs if necessary to be sure my daughter had a nice place to live.also, proper parenting (which you can't control) will ensure that the kids don't wreck the place. there really isn't much damage a kid that is 2 can do structurally. it will all be cosmetic....now the parents on the other hand, thats a different story!

My feeling is that milder climates have an overall lower percentage than harsher environments.

The lending environment just flat-out sucks right now!

We have found that it is harder in last 6 months to get the home run deals (lenders asking for more, second lien holders not just settling for a few thousand...SPO language limiting flips..lending environment) but that lenders are also just as willing to postpone foreclosures.

If you can truly live frugally, then you should be able to save $5-10k per year at your job, maybe more.But even more importantly, you will gain a huge amount of business experience by working in that environment.

Yes, it is now incredibly easy to transfer funds into and out of a bank, between banks etc.Just because the bank no longer has FDIC insurance, does that mean that the next best alternative for a depositor is the mattress?

Please give me advise if this is even a good investment in todays environment and what kind of offer would you suggest I make to owner.

He has always impressed me as one who is focused on providing a continual learning environment for individuals involved in some capacity of real estate.Anyway....Jump right in Melvin, tell us about you.

Besides, this company will attempt to refurbish my old unit, so I figure I'm doing the environment a favor.