The problem with these articles is they throw out a "case study" and then follow it up with a series of ridiculous conclusions.

Don - You are very right, and you all should look at my post on the Over the Rhine area as it is a pretty interesting case study of sorts, literally the definition of gentrification (if the rennaisance continues).

Much of what is learned is a waste of time, but there are some core subjects worth studying prior to putting real money in play.

Study the forums so you will be set up for your next purchase.

So your study is entirely correct for me.

Original authors Martin Bailey, Douglas Elmendorf and Robert Litan (May 2008) The Great Credit Squeeze: How It Happened, How to Prevent Another Economics Studies at Brookings, Washington.

Learning, studying, and birddogging are great ways to get started in REI.

How long did you study and analyze before you "pulled the trigger?"

Almost certainly.Read and study this business.

I meant management company not realtor (english is not my main language).So the management company will do daily/weekly rentals and they will take care of small repairs. and they call it the guarantee program which means that I will be guaranteed a monthly payment at the end of the month (no vacancies, no worries about late payment and so on...)I have studied the area and it is active with tourists all year. this is the reason that the management company is accepting to make such deals.The advantages that I see is that the I have an almost worry free investment.