I agree, there are just some areas where it is basically impossible to find cash flow properties.

I'm Scheduled to leave in September for basic training.

Basically, it was a mom, her son (46 years old), and his son (20 years old).

Basically as I read it, The Dept Of Treasury is your capital partner.

Understand the basics of the business2.

Basically a sandwich lease.

I guess basically what I am looking to do is to buy the place outright, do the exterior repairs, and then get a check from the bank for 48k (80% value of the house) once I'm done.

Even with the low number this deal has potential depending upon the condition of the unit.Some basic questions that I have would be:1.

there is no reason to even contact anyone about this. there are simply no laws written anywhere, that say you cannot do this.People like to think that "sub2" is a concept in itself.

(at least in my business model.)It is understood that the 50% rule has shown validity, what I am saying is that the your expectations of cash flow must be changed if you have others managing the property, not that the basics of financial rules change.If you are a backyard investor buying three properties that cash flow $200 a door, and you enjoy the work, in theory you are making $600 a month in income, and having fun doing it!