So you see -- I really do feel very strongly both ways.One sidebar: The reason I'm not a big fan of cash-on-cash return as a metric is that it looks at a property's performance at a point in time.

Note: I just bought Mr Gallinelli's book (along with about 13 others) so YES...I will get this down in time.

On the other hand, if the current owner has not sold it by Thanksgiving, he could still sell for $30k and close in time for Christmas, you can also ask him then how the work is coming along.

In addition, a clause will exist which allows class B equity holders to sell their stake 10 years after the initial investment to myself or a company wholly owned by myself at a predetermined cap rate which fluctuates only with the interest rates at that point in time.

It is to capture my thoughts at a moment in time so that I may look back and see where I was right and where I was wrong.In other words...

Both was 620 range...the couple wife had a good score in 780 range but these last three months it went down 150 + points and the card for the late payment is a credit card from a clothing department store that she probably spent and forgot to pay...but looks like the card account has been closed off too...all other credit card account she has payment was paid in time...The couple husband the report shows that he has just been making minimum payments each month and not the full payment...I don't know why....I'm also wondering why the parents are living with them...we also requested credit report for their parents but their daughter is saying their family's parents just came from overseas, they don't use credit cards so they don't have credit reports...

You too can see better results seller financing properties, especially, in times of increased fear & volatility.

There are a lot of things that come into play -- you will need to focus on: listing your property, establishing a thorough tenant screening process, signing a lease with your tenant (and make sure that your lease is in accordance with local laws/regulations), conduct a move-in walkthrough (and document any damages/condition of the property prior to move-in time), collecting rent from your tenant, and managing maintenance requests.

I would've hoped for a group of people to want to rent together before the year started but I did not get the "deal" in time.

Basically it makes us feel 'comfortable'... if that word is allowed to be used to describe real estate investing.However, for out of state, we find ourselves feeling helpless with what we view as unpredictable markets (fluctuating values, and therefore fluctuating equity positions), long vacancy times (in the Springs, our houses get rented in a week or two, max), and of course, not being able to stop in and physically check out the property and talk with the tenants to mitigate any of their concerns (without having to play telephone through the PM).Basically what I am getting at, is that I am not sure if I just have rose-colored glasses with Colorado Springs due to it being a hot market at this point in time (and when we entered the market), or if others feel the same way in that Colorado Springs has a lot to offer in terms of it having a stable (and foreseeably strong) economy, decent price/rent ratios, and all around good investment potential for a long-term view.