Wheatie , not detroit , plenty are in Cleveland though.I'm looking at having 2-3 properties at a monthly loss so I can cashout, all properties are cash-only deals and unfortunately I can only come up with $12.5k to one one or twice a year.I just need one or two to be debt loaded to buy the rest, then the remainder will be no more than 20k-30k assuming a rental income of $650/mo

Sure, its a great idea in a hotel where someone else maintains it, and its isolated away from the rest of the property.

They work all day in a cube or office and go home and basically do nothing the rest of the night.

I guess I'm just wondering if I should just suck it up for the next 15 years to be financial sound enough to enjoy the rest of my life.Steve

It sounds like the 1 out of 50 investors that call you back (I get similar results BTW. lol) are the go getters, while the rest of the 49 investors aren't working the business like they should be.

To get the rest of the data you need to go into the office.

I happen to like mobile homes as you can get in with little money and then sell for retail prices with some down and the rest carried back on a note at 12-15% interest depending on your state and what they consider usury.

So if the US has a trade deficit with the rest of the world at $600 billion that means that the US federal government must run a deficit equal to that with everything larger being private sector surplus or in other words the private sector savings rate.

The rest will work itself out.

Violations of fair credit/collection laws can be ten times the amount owed and you could have sleepless nights for three to seven years before you rest easy, depending on the infraction.Loans made from equity arising from installment sales are treated differently than cash advances.