Thank you for your input, I didn't even think about zoning but that is kind of crucial.

I think 3 – 5% a year increase is not unreasonable.ROI with 3% apprec = 8%ROI with 5% apprec = 18% We think we should hang on to this duplex, rent out both sides since this kind of return is better than anything else that we can expect with rather low risk.What is your take?

Steve Cooper took the time to talk me through everything, answer questions and just seemed like the kind of person who would do the right thing if I got into trouble.

I would not start any limited partnership of any kind, while everyone talks about limited liability, you're talking about liability from third parties not the issues of liability between partners.

They use all kinds of formulas, get all kinds of return figures, and end up with a plethora of numbers.But as we all know, at the end of the day, they are just numbers.

He also breaks down the housing market collapse very simply and in an easy to follow kind of way.

Much appreciated for the advice.Would you be so kind as to give us an example of a typical transaction that you "have been fortunate enough to be doubling" your money on "by flipping, wholesaling/retailing in the past couple of years please?

K.Marie, thanks for your kind reply, I too am curious about Ed O's situation.

Bill Gulley - having read other posts from Eric, Eric Michaels is already an experienced sheriff sale buyer, so he kind of knows the basics; he was trying to get specific details for Indiana, from somebody who might know Indiana.

Also, you are risking more than your $250K+ in this scenario...kind of like margin correct?