Alternatively, rents are pretty consistent if you're a buy and hold investor.  

Driving around looking at 20 houses a day for two weeks will get old pretty fast.

The owners have done pretty well.

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The last 15 months have been pretty traumatic. 

Bottomline, VA is a pretty sweet deal if you can find a hack or something worthwhile to utilize it then you definitely should!

Sounds pretty good to a college student right?

I know there was at least one poster that was using peer to peer loans but I believe they were refinancing pretty quickly into a regular loan as the interest on those peer to peer loans is too high .

is taxes for syndications as simple as importing the year end K-1 form into turbotax and thats pretty much it?  

@Frank ChinHi Frank, thats a pretty crazy story, yes I see what your saying about why not giving out the upset price, but I see your from Queens too, so you know they do the foreclosure auction every Friday at the court house - all the foreclosure properties are auctioned there every week.