Well, well. I haven't written much lately. Not much to say. My goals for this blog? Thrown out the window.

Look where the folks in Money Magazine's most recent article on Tycoon in the Making live. Go figure.

Some of the article is true -- lots of bargains to be had, with dozens of foreclosures. What the article doesn't mention is that this is a reflection that these here parts are suffering from the economy. The "We Buy Ugly Houses" people have billboards up everywhere and advertize on TV. (I wonder who their CEO is voting for?)

Then last month, a report showed the City schools last -- dead last -- in the state. With a 50% high school dropout rate, a few kiddies seem to have been "left behind". Was it my imagination or did I see a crop of 'For Sale By Owner' signs bloom overnight?

But... if you can find a renter who is employed, the houses run a profit: The rent pays more than the mortgage. The problem is when you sell. It will sit and sit.

It's the opposite in Colorado -- you hope to break close to even when you find a renter. You'll make your money when you sell.

But... I'm drooling. In my neighborhood, I found a perfect candidate that has been for sale. It sits next to a small stream and borders White Trash Park. (haw haw.) And, it's just barely outside the city limit -- meaning a different, much better public school.

If I buy investment properties here, that means I'm more and more rooted here and I wanted to avoid that.

But... no harm in looking; my appointment is set for tomorrow afternoon.