Not war zones, but interested in area any where I can buy positive cash flowing properties.

I have read that the hypothecation lender would be lending in an unsecured position as well.

That would be unethical in my eyes but again ethics is a subjective topic.You have to remember that just because you reason things a certain way does not make it the only way or the way the rest of the world sees it.There are many people that have very different views from me.As long as it's not breaking the law I will listen to what they have to say and try to understand but I do not have to change my position.I can change my position to their position on the topic 100%,change part of my position,or change nothing at all.Interested to hear others thoughts on this.

I understand his position tho, but unfortunately there is nothing he can do.

The owner might be in a position to offer 5 years free if there's no loan on the property.

Don i didnt speculate on the cost of rehab because it could range from 5k to 100k on these houses- the low purchase price gives you a little breathing room. the house prices will stay low here for awhile at least until these houses are bought up and even then, hopefully bought by good investors. regardless though the rents are pretty nice and my places are full and positive. i have a 4 family that nets 900/mo..and there are plenty to be had. i want more haha!

Plus, the positive cash flow would be decent in the meantime.

I have been renting this house for 3 years - whole time with positive cash flow and zero vacancy.

I realize verbal agreements mean nothing, but it did leave us feeling very positive that we would get the signed contract.

Rob, I agree with you in prime MSA's in California condo's are attractive as they represent a lower barrier of entry into ownership and typically allows for potential positive cash flow.