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Message:: [QUOTE="x115, post: 1368367, member: 33628"]you can buy a nice home in the desert of california for under $60,000. all you need is your $5,000 down and 2 years of income.(good credit as well). your payments would be around $300 and you can rent it out for around $700 a month. thats $400 a month in income plus your equity should grow. <a href="http://www.homepath.com/search.html?openHouse=&src_ref=&openhouse=&cno=029&pi=&mlsid=&bhi=&z=93505&y=10&x=36&pa=&st=CA&bdi=&ci=" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.homepath.com/search.html?openHouse=&src_ref=&openhouse=&cno=029&pi=&mlsid=&bhi=&z=93505&y=10&x=36&pa=&st=CA&bdi=&ci=" rel="nofollow">http://www.homepath.com/search.html?openHouse=&src_ref=&openhouse=&cno=029&pi=&mlsid=&bhi=&z=93505&y=10&x=36&pa=&st=CA&bdi=&ci=</a>  same scenario all over the US may not be the best scenario for the OP.  but now is the time to be a landlord. you can always use a property management company to handle the property if you don't want to deal with it.[/QUOTE]