In between is where we get the bubbles and the busts.Cap rates CAN fall to silly low unsustainable levels - look at Hong Kong and Singapore with 2-3%Rents CAN rise to silly high levelsInterest rates CAN jump to double digits (if this ever happens again, I'm buying 30 year treasuries...)But as you rightly said, most of this is academic.

I made the mistake of asking the bank about putting the loan into an LLC once and was told "Sure, but your interest rate will double."

There is a limit to how much return you are going to get for the dollars put into photographic equipment.Photos can be a double edged sword: if the photos are too good, the reality of the house is disappointing, and your buyer is already deciding they won't buy the house just because it doesn't meet their expectations.Retail buyers decide within seconds whether or not they are interested in buying a house.

The primary disadvantage of a "C" corporation is double taxation.

Double check the info they supplied, don't take anybody's word or paper for the truth, call the venders & verify.

I know when we purchased our primary, we had to wait a year to apply for the homestead and our taxes essentially doubled from the previous owners (who were there forever).

I think we may have seen this type of double digit escalation before...hmmmm

(I create what I call a disposable LLC and write the offer in this llc so I can sell to an investor and avoid a double close, whether its a hud home or not).

No major repairs required).So unless I can have it reassessed, I'll be paying double the tax that I ought to be.One immediate question: I know that I'll need an appraisal for the appeal, but should I get that now while in contract, or wait until after I close?

After the contract assignment or double closing is complete what happens?