Life is truly weird sometimes, cards get dealt, and you gotta play the hand you are dealt.I'm a big fan of Robert Kiyosaki's "Rich Dad" books, and within' the philosophy, Robert teaches that there are 4 quarters to the "game of life".Age 25-35: 1st quarterAge 35-45: 2nd quarterAge 45-55: 3rd quarterAge 55-65: 4th quarterAge 65+: OvertimeAge 70: out of time...The goal of the this "game" (in order to win) your passive income is greater than your expenses - putting you what Robert calls "out of the rat race".If you think about it - many great sporting events are won in the last quarter - and given that you are still in YOUR FIRST quarter, it may give you some solace and encouragement to realize that you still have time to completely rebuild and succeed!

Is this a speculation play on appreciation?

We play with renting to USC students here in Columbia, SC.

Golf, snow ski, read (non-fiction mostly) enjoy movies, volunteer at our local community theatre-set building and occassionally acting.I used to sell industrial supplies; fasteners, tools, electrical and hydraulic supplies.Click below to see a scene from a recent play I was in.all cash

Depends on your state, as there are redemption periods etc that may come into play.

Do ya'll jump in the plane just to go to different places like on a husband and wife date for the evening.... or maybe for lunch....or to take in a play?

That's a good suggestion, but Being limited to sub 2 or owner financing really cuts down on the number of deals you will do.I agree Mike however when you get to over 200 deals in a SINGLE year using your method let me know then we can talk on a level playing field since I accomplished over 200 using mine.

I'm no expert on the tax rules but I like to play it safe and I would not do it.

But recently I have no desire to play anymore and I have been devoting all my time into investing/finance.. which is what brought me into the world of REI.

There are many laws both state and federal that may come into play...