I have a mixed bag, purchased for growth and cash flowTypically my cash flow property will be something like this $32,000 at $800 rent per month, but perhaps today more like $40K.

I can appreciate a Boston native. curious if you've converted over to any LA teams (sports wise ha). 

I still do the sport card wholesaling (no business partner anymore).

HUGE medical base2. 3 sports teams3.

A good coach can save you from big mistakes and is worth far more than the price of a sports car. 

Cashflow is still weaker, but you can bag $500,000 or more of equity building out a Kirkland lot with that strategy. 

They are like the horse and buggy; when the sports car is invented they will be crushed.

IE there is still great profit in the deal.. if you ended up upside down then I could see a problem and I would be cautious on any buy and hold that way make sure the numbers still work.Most of the time we see these in owner occ situations.. and the people buying want the house to live in .but if BP is now talking about it .. cats out of the bag... at least out there on the east coast were it seems it was not used or known about much.. like I said in another post we started doing these in the 80's in Palo Alto when I lived there the first real crazy run up were listings were selling for 20 to 50k over ask.. 

I hadn't thought of re-purposing cereal bags yet. 

Ahahaha, she would even let me load my own bag in the back and she insisted I sit in the front with the driver, her husband.