How do you know that prices will increase mid 2009?

You may have an increased rent upside, but watch out, as that could lead into a higher vacancy factor.Can you reduce any of the expenses by negotiating better rates with service providers or can you improve or force the appreciation through capital improvements?

And despair, in an age of increasing shortages, poverty and hopelessness, will be one of our few surplus commodities.

•Increased depreciation rate over 15 years, which equals a major tax advantage.

If they do get other offers will they notify us to give us the opportunity to increase our offer or forgo the inspection?

I do have extra cash I could use to pay down the balance to get to a more favorable cash flow/or at least help to increase the amount of principle paid each month.

Obama will allow the Bush tax cuts to end, resulting in a large tax increase for many.

You need to really increase the rents or sell since this seems to be a loosing proposition.

I do not need to cash flow just break even for the time being and hold on for rent increases for later cashflow.

I am looking to supplement my income so I can increase my RE portfolio over time and then eventually the American Dream...