I feel like they are saying I need to stand in this circle over here on the playground while the big kids get to play ball because I need another zero on my bank statement.Where does it end?

I can't wait to get the ball rolling.Just wanted to stop in and say hi!

As you are running numbers, remember that it is an academic exercise unless you go “hot”, meaning you put the money on the table, at which point everything changes relative to your perspective.I think that you will find a CAP rate of at least 9% is required for a deal to begin to look attractive, and COC of 20-25%.

Sure its a few extra steps, but once you are moved in than it's not a hassle and is good exercise.

Bob, as Jeff Brown would say, "my crystal ball is cracked and hasn't come back from the repair shop" or something along those lines.

Just eye-balling it I think your break-even is six years ($500 +/- per year less the small tax write off loss).

However, as an exercise, would someone be willing to play with the numbers a bit to a level that they WOULD recommend it?

Would you still follow the same strategy to snow ball your loans?

Set yourself a regular schedule that is your work day, school classes, exercise and leisure time.

• High levels of unit features and amenities such as garages, in-unit washer/dryers, pools, spas, exercise gyms, the latest technology, etc • May have less cash flow than B or C properties but greater appreciation potential.