He has no money, bad credit (which is a measure of a person's financial trustworthiness), he's not willing to get a second job because he doesn't like to work, and he's close to quitting his first job, even though he has no money and no credit.

I have had 2 different financial establishments appraise at 88K and 91K respectively.I can rent the 2 structures on the same lot for a total of $1200.00 - $1400.00 /mo.The structures are a 2 bed 1 bath and the other is an efficiency.

I work F/T as a wine wholesaler and DH is a senior financial analyst.

When you have 4 rentals, you are in a position where all units going vacant at the same time (or another major anomaly occurring) is certainly possible and those 4 empty units could be enough to do serious financial damage to you.

:-)BAC - Bank of America - Very good dividends, promising bank nationwide, not much of Subprime lending/securities compared to other banks, good PE, stock price is about 1.5 times the book valueWM - Washington Mutual - Well, when everyone wants out of Financials thats the right time to get in.

You can make enough contacts and learn how to do 3 solid REI strategies that will catapult you into financial freedom right here on this forum.

Yes, like many have said everything is partly speculative but flipping(rehabbing) is not pure speculative, nor 70% or whatever was stated.Speculation:(Encarta dictionary)1. opinion based on incomplete information: a conclusion, theory, or opinion based on incomplete facts or information 2. reasoning based on incomplete information: reasoning based on incomplete facts or informationmere speculation 3. risky transaction: a financial transaction that involves risk, but is potentially profitablea failed speculation on a dot-com 4. making of risky transactions: the practice of engaging in financial transactions that are risky, but potentially profitableThe later two is the better of the four definitions, in this instance rentals and flips have the same amount of speculative nature.

She gets a nice chunk of change even after commission and tax despite her bad financial decisions, and I take on a property that needs repairs in a depreciating market.

Since you've laid out so long, and built up this great financial situation be careful that you do NOT fall into the disease that I call; "gottadoadealitis".

One of my end goals is to help people become financially literate.