Lake Jordan Topics: Sky-High-Bye-Bye!

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	Name:	Osms -
	Subject:	Sky-High-Bye-Bye!
	Date:	8/22/2005 6:40:07 PM

Your example is a little too simplistic. Don't forget that you are not paying interest of $1500-2500/month for the lot if you have an APCO lot -- only the rent of $325 or so -- AND you don't pay land property taxes on the APCO lot --only on the improvements. Ever seen APCO take away the lot at the end of the lease, as long as the rent is paid?

Look at it as a way to own a place for less than $500K.