@James Wise I agree that us investors need to give this kind of feed back!

What kind of interest rates are giving in a line of credit?

Aim for the kind of tenants that stay long term.

Some probably never lose it but they obviously learn to manage it if they stay in the game.Don't let fear turn into a reason to not try.Don't be so worried about that first deal not making the kind of profit your tenth will make.

I own this thing free and clear, and my property taxes & utilities are always paid current.What if I decided to:a) Stop paying my HOA fees and never pay them againb) Fall out of compliance with the HOA restrictions in some other way (stop mowing the lawn, let my house fall apart, some other obnoxious violation).What kind of consequences would I have to deal with from the HOA?

What kind of flooring contractor are you?

I'd love to see what kind of answer you get on this too.

and others say that the price is the price.Are these kinds of deals just dead in the water or has anyone had any success sending off an estimate of the true value based on actual expenses?

Daniel, I'm not sure where you are seeing those kind of rates at, but they seem WAY high.

Not the kind of tenant I would want.