I have not been on here in a long time but I am still very active in real estate. We sold a rental income property he had and I wrote about here on DG .com. It was a HUD home we bought in a small Indiana town for 15k. We put some money into it then took out a no season loan against the house from a small town bank for 45k. We rented the house out for 5 years and now we sold the house for 53k. I know there are a lot of people here that do much better but it worked well for us. We live in California so this was all done out of state.
Steve and Veronica