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I have seen those on the tv show COPS :D it honestly looks like a lot for $10,000! Who cares if you are labelled a slum lord, there is good money to be made everywhere :) You mentioned $650/month rent, but what sort of outgoings do these have in general, considering that they are part of a...

Or the comment related to the thread the other day about how many people you can fit into each room of a house :) Kathryn - Can you get finance for these low $ deals or are they all cash? Anything stopping you from picking up another 20 of these, even if they were $20k each, all on 5 year P&I...