I just moved to Vegas not long ago, and hear that the housing market is continuing to decrease.

The property is a triplex, townhouse style, vynl sided double pane windows, roof is three years old.It was built in 1990Each unit has two beds 1 bath, 850 sq ft and 2 parking spots.

Hopefully it continues to stay that way.

How many of you here would continue to live in a place with no electric and the noise of a generator running?

To protect the depositors, the FDIC approved the assumption of all the deposits of Main Street Bank, by Monroe Bank & Trust, Monroe, Michigan.All depositors of Main Street Bank, including any with deposits in excess of the FDIC's insurance limits, will automatically become depositors of Monroe Bank & Trust, and they will continue to have uninterrupted access to their money.

Bryan,Did you just have investors show up at the auction style open house?

Super motivated sellers are usually not great candidates for sandwhich lease options...they bring a risk to the table that can be dangerous to a lease option...if they are desperate for money thus allowing you to negotiate a great lease option that you can sandwhich off for a profit..then they obviously have money management problems and there is no guarantee they will actually continue making their PITI payments on time.

Furthermore those who fractionalize their vacation homes continually enjoy the benefits of home ownership while reducing their annual costs by as much as 90%.

How did the water not get stopped, how did the drain not continue draining?

I believe that if you do your math using 30% for expenses, and you're just on the edge for cash flow, that you'll end up having to continue to put cash into the property over time.