This is what I did 40 years ago --  I took every course I could afford, (used lots of credit cards and bartering)purchased hundreds of cassette tapes (remember those)? 

He was recently quoted as saying he’d buy “a couple hundred thousand single family homes [as an investment]” right now if he could.Buffet realizes the value that rental properties can bring not just in terms of monthly cash flow but also in appreciation and deductions.But let’s face the facts here.

I have no interest in owning a unit for a couple/few hundred dollars of cash flow per unit (and this likely exceeds what most OOS investors will achieve) that will never become greater. 

You need to have atleast a couple hundred positive.

I'm feeling very accomplished and proud for finishing all of the BP RE podcasts (except episode 369 that just came out :)One of the things I learned in the podcasts is that no Matter what is your current day job you can still use it in order to succeed in Real estate, and for me it was listening to hundreds of hours of Real estate podcasts during my long Drives in my tow truck around Houston.

I also just don’t think that throwing my capital into a down payment would be the best use of my money starting off to cash flow a couple hundred a month...but maybe I’m wrong.

Counties tend to underestimate values because they don't want to deal with hundreds of thousands of angry homeowners. 

I can't imagine folks spending hundreds of dollars on properties to do a title search that they will possibly not acquire.

The TV News story made it sound like a several hundred percent property tax increase.There was also some vague news story about zoning enforcing a specific number of non-married individuals living in specific square footage.

Here is where things get a bit uncertain, the automated system used to qualify these loans will treat each borrower differently but over the last 2 years, I have closed about 100 of these loans and run hundreds more through the system, what we have found is that most people are declined above 39% housing DTI with the highest approval 44.6% of gross income.