If the note is exchanged to facilitate the purchase and sale of a minor asset or consumer good, to correct for the seller’s cash-flow difficulties, or to advance some other commercial or consumer purpose, on the other hand, the note is less sensibly described as a “security.” .Second, we examine the “plan of distribution” of the instrument, to determine whether it is an instrument in which there is “common trading for speculation or investment”.Third, we examine the reasonable expectations of the investing public: The Court will consider instruments to be “securities” on the basis of such public expectations, even where an economic analysis of the circumstances of the particular transaction might suggest that the instruments are not “securities” as used in that transaction. […]Finally, we examine whether some factor such as the existence of another regulatory scheme significantly reduces the risk of the instrument, thereby rendering application of the Securities Acts unnecessary.

This guy doesn't seem to think so much about extra bedrooms;http://www.kmov.com/news/local/One-of-the-largest-homes-in-US-being-built-in-SW-MO-125730363.htmlSo, ther is a big concer about wear and tear, parents, one 17 year old girl, one 16 year old boy and a 9 year old girl, there are lots of 3 kid families.

As far as I know Seattle is not having the same economic difficulties as Detroit.So what bits of information should I be looking for when analyzing a market?

So, that's another "beware" sign.I've been to Jonesboro and examined banks there, met lots of different people with varing levels of socio-economic savy about them, but never met anyone willing to give 30 thousand buck away.

But for me, I did my research and I'm personally not interested and my advice to investors was to do their economic research first as well.

Below is a snippet from the larger 187-page text:"This introduction to the Unified Land Use and Circulation Elements begins with a brief overview of the relevant Baseline Conditions and the Unified Land Use and Circulation Response to issues identified through a demographic, transportation, and economic analysis.

I own two rental properties in Davenport, IA but am living in Fairfax, VA getting my masters degree in Economics.

I like to know:Job/Economic growthRenter to owner ratiosAre the courts landlord friendly?

Just wanted to get a sense of whether the economics of this sort of deal makes sense for someone who is thinking long-term.

John -One of the largest and oldest in LA that I've worked with is the "Real Estate Investing Club of Los Angels" - http://www.realestateclubla.com/ - started by Phyllis Rockower.I'm sure there are many more, Los Angeles has an incredibly strong real estate investing market right now.