Not to mention the sewer bills going up because of more strict guidelines for the municipalities.Make sure you property makes sense the day you buy it, you never know what's going to happen in the future.

As is too often the case, most investors only look at the ca$h involved today, not the real, long-term, value of a given product or service.When talking about "Buyer's Agent" and "Seller's Agent", the key word is "Agent"...as in the laws of agency and how they apply in your state, and in your transaction.In MOST states, ALL agents in a transaction are working for the Seller, absent any written Buyer's Agency Agreement.

Yes, I realize you were speaking of two different phenomena (law of large numbers vs economies of scale), but you can't argue both sides in the same argument, which you clearly are.

Assuming that maintenance and repairs will cost 20% of gross rents (I believe this number to be way north of what it will actually cost) we arrive at $1,015 for maintenance and repairs.I will also have an extra $2,000 in a revolving CD ladder as a slush fund to fix whatever Murphy's Law throws at me.So:Gross rents: $5,076Taxes: $701Insurance: $766Debt service: $2520Maintenance and repairs: $1,015Cash Flow: $74I realize this will be basically a wash as far as cash flow for the first year, but I think I have all my bases covered as far as projecting what expenses will be.

I have a realtor friend that is strictly focusing on listing homes with the possibility of negotiating shorts.He's from Miami/Ft.

A member that finds a buyer or a seller for his company is not in violation of law.

There is no law that says that your brain has to shut down when you graduate.

Excuse me for my obvious confusion but...How is that a violation of fair housing laws.

That may be dictated by state law.

I was informed today from a renter who was living in a foreclosed home and evicted within 30 days, stated that there is a new law which allows renters of foreclosed homes to be evicted in 60 days now.