I tracked down Cozy's phone number and the recording sounded like a personal recording on an answering machine that used a cassette tape ... yes, you read that right. 

They hold the key to fixing the housing market, but seem to keep waiting for a silver bullet out of Wash DC.

I've thought of the bandaid analogy myself quite a few times with this property.The $1200/mo is P&I and expenses (tax, ins, repairs).If we ignore the recent depreciation of the property, and assume the tax incentive is a wash, then I question if I'm actually losing money in the long term.

my first rehab took all summer while i was in college...actually into fall semester, i still was washing dishes out of my bahttub bc i didn't have a countertop in the kitchen....i paid too much for the house, overdid some of the rehab, used the wrong contractors (read cheap, but not professional)..i still have it as a rental, but man did i learn a lot over there!

Because when you do finally finish rehabbing, you have to crank the marketing machine back up again to find your next deal.

Originally posted by "**********":Jer,I always read hundreds of posts by younger newbies who buy a coarse and want to jump in full time and become millionaires.Usually they have been brain washed to not only believe that they can get rich in RE with no capital, no money down, bad credit etc.

Finding deals and building your network, but the fuel for the whole machine is the deal.

That would come out in the wash.

I want it for the sake of my dreams (which are focused on helping other people) and I'd rather use a massive digging machine then a little shovel as a tool ya know?

I just purchased the Larry Goins Ultimate Buying and Selling Machine course from ebay.