Worked like a charm, and now I live off my rentals and get to play on the internet, take nice walks, extended lunch outings, etc.

Would you get creative with financing in the DC area, or would you play it safe and invest back in a college town understanding that your physical visits will be limited?

I'm not in the 20+ range yet, but knowing the financing game is a huge piece of the puzzle.

Maybe there is a way I can help you out, which would also help me jump in the game.

Sounds like the sellers are hip to the game.

He reiterated that if I could come up with the answer to how taxes work for non-owner occupied homes then we could continue on.I understand that taxes depend on a person's entire portfolio and if the seller has owned the property for many years then depreciation comes into play, but is there any general information people can share on taxes on non-owner occupied residences?

@Amelia Bartlett don't be fooled by the low starting bid, that bid is only displayed to entice people into the game.

I sold them all because I saw more potential in the stock market, then the bubble burst, but that's another story.I'm getting back in the game with a new strategy.

In such cases they need the message that " Games" don't work !

I will also probably just use a property management company to play landlord (possibly http://www.hallmarkrentals.com/) I was also thinking of just living in it for a year to save money as well.