Only highly marketable assets, stocks, bonds, annuities, etc that can be readily turned to cash, like in three days.....yes, an accounting definition is less than a year, but not in these cases.I doubt fannie would accept scrap gold, even with an appraisal as the appraisal could be questioned IMO.

There are many other facets to it.I got into it because it was a passion of mine to do so and I finally found a way to pull the trigger.Flexability, freedom, no limit to how much you can make, no boss telling you what to do, active+passive options, and so much more is what attracts me and lots of others to this.In fact, if you like at many financial studies, the largest portion of the rich got there through RE investments, more so than inheritance, stocks, hard work, high paying jobs, etc.

Its convenient, the prices are good, and they have most stuff in stock.

The market changes, yes, but not like the stock market.

Regardless of representation of a client with fiduciary duties written or implied or performing ministerial acts you MUST disclose you are an agent or broker.Even if you are not a REALTOR and the CODE OF ETHICS do not apply to you there is probably a disclosure law on the books for your state real estate commission that you have to abide by.Bill had it dead on in that as a broker or an agent you are trained in contracts and real estate and are supposed to be informed on a higher level then the average joe selling their property.If you tell the buyer or seller that you are a broker or agent or acting as a principal in a deal and they do still not want representation for themselves then at least you have given the required disclosure and it will be harder for them to claim they were duped later on.

The 24inch units are actually less expensive and more readily available; there are fewer manufacturers for 18inch, and those are not always in stock at dealers.

I decided to stay far away from the stock market--and instead to buy townhouses in my town.

This is another big reason why people prefer investing in cash flowing property that gives you all normal deductions that you can get from many other low budget investments such as buying dividend stocks.

You can do lease option or subject 2 if the property is DESIRABLE or needs minimal repairs.If the property needs work and its upside down, its pretty much dead.

Instead I have spent many nights researching stocks, reading newspapers, watching various news channels and trying to convince myself the stock market is where I should put my money.