I think my best option is investing in an area I can afford, am familiar with,and have a support system in place.

Originally posted by David Morrow:...Again, I am curious why household income is relevant when purchasing a rental....David Morrow - Suze Orman does a segment called "Can I Afford It?"

If you can find a 3 or 4 unit multi where you can qualify for and afford the 3.5% down, you could actually be putting a some money in your pocket every month.Hopefully this is enough to give you an idea of what you need to properly assess this deal.NOTE: This is a formula only.

Personally I run away from pre-packaged products and turn-key investments.

product that is easy to apply and looks great.

I can't afford to pay attorney's and all of that.

Does anyone know of a product like this?

Look to find ways to add the most value, and be a problem solve for people on both sides of the equation.On marketing, Craigslist is good, but not really very productive.

I use a product at home depot called deck restorer for concrete.

Daniel Fisher with the type of margin you are talking about you can afford to pay for financing in the form of private money to provide financing for a new buyer.