My primary residence is walking distance to the largest employer in the city (Hospital / University (largely medical)), and I'm willing to bet anyone money that it won't go down in value as long as I live.So to summarize in general:Homes up to 150K flat or upHomes over 150K down 5-10%Homes in ideal locations have the ability to go up more than 10%My big question is:When are the commercial foreclosures coming, and what is that going to do to the weakened financial system?

But, the life experience that Del provides and summarizes in class - invaluable.

Even though it would be unsecured, I'd still like to list the property in the contract, and possibly have an addendum that summarizes the project. 

Bill did a good job of tersely summarizing Dodd Frank in general.  

I will summarize that details here for everyone.Neighborhood class :BProperty Type: SFRProperty Management Fee: $95 per month regardless the price of the propertyProperty Management: In HouseMarket: Suburb ChicagoAverage occupancy: 3 to 4 yearTenant Type: Blue Collar workers with familiesRenovations: All the big ticketed items + cosmeticsCash on Cash Return: Using BP calculator with very conservative number - 8% Vacancy, 10% Cap EX and 10% Maintenance, we know we can get a property from their portfolio which will generate double digit returns.Finance: leverage with 20% downProperties to property manager ratio is also impressive.They do have eviction experience.

If Seller is unable to provide rental history then Seller must provide tax returns from previous two years as to verify rental income of the property. 3.Year to Date Profit and Loss: Seller must provide a summarized financial statement for 2011 and a year-to-date summarized financial statement for 2012.

To summarize, we paid $700 (not including gas, hotel, or food) for an "education" seminar only to be told we would not be "educated" at that seminar.

So, to summarize my view, the article is a big yawn.

We don't need the addresses or locations, just a summarized version of the numbers and the details.

An awesome book which basically will summarize how people have set aside savings towards investments for thousands of years.