dickmilde - I agree with you that this is not the right forum so this is my last post on the matter also. The way I was figuring was that interest was cheap 6 months ago but had to be going up soon. With the housing glut right now it made rental units cheap in this area. Cheap prices, cheap money, why not invest now and try and break even and as rates rise then I could start seeing a return on my investment as rental rates rise. So far, so good. I'm actually making money right now, sooner than I thought. I was just looking for someone to justify my original plan. I think it is going to work.
Thanks,
cws9
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