they have one more year before they are supposed to close escrow.

I suppose before we even discuss our first purchase, we need to iron out the legalities of purchasing homes as a group.

. # 2 The corp boards who spend more than they make,#3 I suppose you can put some blame on the lenders, but they produce the product, is the consumers responsibility to use the product responsibly. #4 The Congress who spends more money than we take from the citizens...#5 I suppose you can blame bush, but then again you have to put blame on the dems that pushed home ownership for all.But also Then blame them for the soaring values in 01-05..

I suppose what im wondering, is how is leasing any different than renting?

Supposedly, 4 of them have positive cash-flow (I'll need to verify this), and the other one requires some work.I'll update this post as I get more details.

Rephrased as an example: Suppose I own a TLC for the 2008 tax year.

Tenants are suppose to keep this door locked (deadbolt and regular handle lock) at all times.

Mentors are supposed to mentor you, not control your deals when its your name and money on the line.

The difference between your supposed 12% inflation and the 8% interest rate?

But the idea of an enumeration of particulars which neither explain nor qualify the general meaning, and can have no other effect than to confound and mislead, is an absurdity, which, as we are reduced to the dilemma of charging either on the authors of the objection or on the authors of the Constitution, we must take the liberty of supposing, had not its origin with the latter."