I wish I would have had the education and boldness to be open to real estate back then or even years later when my income doubled and then tripled.

It's great that you will rent to them, but don't go all self righteous on us just because you're willing to take a risk others won't.1. know many who are actually innocent only self righteous dumb sheep like government types ignore reality that 25% of all convictions are bogus. see innocence project as examples.That's a horrifying statistic.

Anything else means you’re just using “feelings” instead of statistics. 

If you open your eyes you will see how the American people are constantly hoodwinked to believing they are the greatest country on the planet when every fact and statistic available clearly shows this is not true by far.

Statistically real estate keeps up with inflation or 1-3% gains (unless strong market demand and limited properties like Venice Ca or Palo Alto). 3% means you double your money every 24 years.

When this changes, I would expect a flood of S-TR filings since a lender will initiate legal action even if the default can be 'worked out', or cured, because statistically a certain percentage of cases will not get resolved and the lender will indeed (through the trustee) proceed to sale. 

Originally posted by @Russell Thomas:About half of the replies in this thread are amazed and confused by why the government would take such an action.The moderator prohibits us from answering this question if we discuss nasty things, but I assume we are allowed to state some statistics and make historical and logical observations as long as we do not break the rules.7.1% of the population report rental income on their tax return. 36.6% of the population rents.

The only thing I didn't like very much was the area's crime statistics, but I guess I would have to sacrifice something in order for the rest of my criteria to work.

@Jim GoebelPretty bold to say that someone would net $3 to $4k in profit. 

If i know there is a deal breaker item for the house ( over 50 % of callers arent interested because of it) i repeat that item in bold in the email because most people don't read It the first time...