If not, I'd at least get it rented ASAP to try to reduce that monthly nut.

The market is so depressed that finding that majic home that is in financial distress is an easy fishing trip.

(When I say Complete, I mean new Hot Water Heaters, New Furnaces, New Roof, New Windows, New Doors, New Carpet, New Paint, New Light Fixtures, New Electrical Outlets, New Bathrooms soup to nuts, New Kitchens, etc).

I fish out a half empty bottle of limeade and look at the property leads my re agent has sent to me.

I realize not everyone fully understands accounting methods and processes, but here it is in a nut shell.

Any legislation that exists...California having the only one that I am aware of that defines rent skimming and was probably put into place due to pressure from the lending industry...i am sure is directed at the big fish who have huge multi family units who stop paying their mortgage and keep collecting rents...the money was originally lent to these people based on the projected rental income.

When I was in the machine room looking at everything realizing that every nut and bolt was placed there and tightened down it blew me away.

So I'm in the market for a house. In the current climate, I would think it is a buyers' market and sales are soft. My realtor wants me to believe otherwise. She tells me she's busy as ever, homes are selling left righ...

Fish stocks are depleted.

Am I nuts or is this viable????