For example, if I buy a house for 200K, put down a 40K deposit, as an example, and generating positive cash flow.

Some do seem to be headed by those who think they were knighted into the position and enjoy making it difficult for residents.

They are refusing to refund my 8 pre-paid, unused, phone months as well.If anyone else is in that position here, please pm me.

He gets out of trouble and pockets $40K (I don't know if there is a 2nd or 3rd position or back taxes at this point) and I get a house with $30K in equity.

I would like to begin talking with others about this, and I hope I come in contact with serious people, who are positive thinkers.

IMO 2 of them buying out the third puts the other two in the same idiotic position they are in now.4.

However, I am start a contracting position in two weeks to help out with my household income.

Are you focusing solely on positive cash flow monthly or is this a property that will give you potential tax wrtie-offs or build equity for sale at a good rate?

This will put you in a position of not having any idea of what a lender can or will credit the buyer with toward the purchase.

People invest in specific markets and they do their best deals when they know the specific market.It does not matter what is taking place nationally when you are checking 100 properties in a specific market.It does not matter what is happening nationally when you do a deal with 30% equity and positive cash flow using the 2% rule.National information is great for headlines in newspapers and for shooting the breeze discussions.