Are you trying to buy pure cash or finance the properties?

Interest-only loans have made a small comeback but at least they require 20% down so there's some insulation.Ah, memories of the good ol' days of pure insanity...   

Here's the problem and while this is purely theoretical, it is what I believe to be one of the great dangers we face in liberalism that I don't think we recognize.

My Motivations are pure and simple.

Napoleon Hill, Dale Carnegie, Gitomer, Rich Dad/ Poor Dad, Cashflow Quadrant, Trump's "Think Big & Kick ***" and "Think Like a Billionaire"), I'm working on the Trump University's "Real Estate 101", and I've got "The Art of The Deal", "The Best Real Estate Advice I Ever Recieved, and Kiyosaki's "The Real Book of Real Estate", plus about a dozen more on their way from Amazon (Thanks to a bunch of loose change and the CoinStar machine offering no 8.9% fee by choosing an Amazon gift card rather than cash)I WAS going to check out one of the local AREIA meetings last night but clearly last night just wasn't the night for me (got out of work late, had directions on my blackberry and the battery died, then my car overheated in traffic...

Batteries last several years, but if you swap them out once a year you'll never go dead.

It all depends what you mean by viable and what your objectives are.If you want to buy a property for lifestyle that you would use as a vacation home and rent the rest of the time, you should be able to at least cover your costs, provided that you buy the right type of property in the right place and have it properly managed.As a pure investment, I wouldn't expect very high returns and there are definitely better places for that in the broader region like the Mexican beaches, where properties are generally much cheaper and the potential rental income is much higher.

What kind of house are you looking for, personal or pure investment?

No business or business activity shall be conducted on the premises other than that activity that is customarily considered to be purely incidental to residential use.

They're diversification for my real estate and an inflation hedge pure and simple.