With that being said, this is a different strategy than buying a property more specifically as a vacation rental investment; I would only recommend the first idea if you were already thinking to (and capable of) buying that second home as though you would never rent it out (or only on a limited basis) - in other words, you can and plan to carry the debt service on your own - and the potential rental income is just icing.

I wouldn't worry too much about depreciation/appreciation, that's just icing on the cake.

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He had never seen it before, but looked it up and it means Department of Justice Right of Redemption.

Department of Justice."

You can contact a lady named; Thea Justice.  

Retired after working 45 years in the criminal Justice system.

So Im looking at a forclosure property, but the listing says DOJ ROR on it. Because of this, the listing was cash only as the financing from a previous offer had fallen through. Appearly banks do not want to mortage o...

Asking landlords to fix a problem created by an unfair justice system is ridiculous.

The problem is that there is a revolving door justice system in the US.