Until that day, my cash flow will be higher than predicted and I can consider it a bonus...

On this property you'll bring $22,500 to the closing table (ignoring any closing costs or repairs... lets assume those are in the same price and the home is turn key) and you'll finance the remaining $67,500 on a 30 year mortgage at 4.5% giving you a monthly payment of $342.01 a month to the bank (just principle and interest).The 50% rule/guideline/thumb in the air prediction of expenses say half your ideal gross income will go to expenses... this is utilities, insurance, property tax, repairs, CAPEX, property management fees, vacancy, and everything else (number is based off large apartment complexes so your mileage may vary).  

The boiler was dripping water, just as I had predicted.

I will make this prediction...If McCain becomes President, he will ram NATO expansion right down the throat of Putin and Medvedev.

It's based generally off macro economic events which allows it to be somewhat predictable.

v=nGz6fHdxP30my mom called from nyc 5am pacific this morn, to ask is the huge quake hit us here in socal.. she didnt know but i threw on the laptop and went to see whats going on.. apparently a prediction's going viral based on some planetary aligment happening; a dutch dude interpreting some Nostradamus predictions into a 9.8M(!)

Population is predicted to increase 30% for SoCal by 2030.

Taz:I believe you have coined a phrase, and a very good phrase it is: "The Government Bubble".If you would expand that into book form I predict you will have a bestseller, and I will happily order an advance copy.Seriously, think about it.

Ultra lame and completely predictable and I'm sure you've heard it before. 

What if, in 10 years, interest rate is suddenly back to 20% as in the 80's, what then, would you foreclose as people are predicting the apartments on bridge loans will do in the coming weeks since their potential new interest has "doubled" and their rents stay the same or falling and many have no reserve funds?