Albert Ng, you're kidding, right?

Welcome and great to have you in the community @Damon Ng

@Rich Ng That is rough, Rich!  

I believe in higher quality over the long term will ultimately yield better L....O...N...G... term returns for the reasons that @Dawn Anastasi mentioned.  

A: I worked really f****ng hard and read a lot of books, and spent a lot of time asking people who had been successful before I was. 

@James Ng , it used to be you could suggest he buy with seller financing, but with the uncertainty of the new Dodd Frank act it is difficult for someone to finance a home that the buyer intends to live in.

I often see impossible pro-forma numbers, that manipulate this reality.5 miles can be a world of difference as far as potential tenant pool, too.electric can vary depending how close to the beach, it can be 10-15 degrees cooler in the summer when you are 2-3 miles or less from the beach 5-10 degrees cooler 3-10 miles from beach, and maximum hot summer further inland... so air conditioning use can vary  depending on this.... also, if the heat is electric vs natural gas and the stove too, since NG is much cheaper than electric.that's my 1.5 cents

@Rich Ng, in NH you don't have to take section 8. 

In one year, my credit score went from 551 to 768.Ok, let me re-iterate since this thread has been bumped ...D O  N O T  U S E  L E X I N G T O N  L A W !

First off, I am a college graduate while serving in the Army NG out of Indiana.