All Forum Posts by: Beau Fannon

My high school economics teach was retired Air Force Lt. Colonel Bob Stapleton.  He used to call me a hawk. Made it a point to instill some compassion in me.  I'll never forget the day he called me out in front of class for being too hard on someone.  Said the world cries for justice but what they really need is compassion.  You can't cut family out of your life for something like this.  The hard knock is loosing the house. There's no need to cut ties here. The loss of the house will be lesson enough.

 This would make for a quick and hopefully clean exit considering the situation. 

This is a valid strategy for an experienced real estate person with good credit and the income to carry the debt.  It may be more than the OP can handle considering the situation.  Picking up two properties in quick succession can be overwhelming.

What was the scenario?

I'm going to reiterate what Rick said.  With only $63k left to pay, you're in the home stretch here.  Is managing the property yourself an option?

I'd love to attend but the location doesn't work for us south of the river.  

Make friends with a local realtor and ask them real nice to set up a portal for you.

I don't have any solutions for you but you do have my sympathies.

MSA data is great for macroeconomic analysis and comparison but I wouldn't rely on it to make investment decisions.

That being said, I believe it's the Census Bureau that defines MSAs so the only way your guaranteed to get consistent and comparable data is to use their reports and the limited info it contains.

Justjust tell them 5 years on the HVAC and 15 years on the roof. That's middle ground for a service life on those items.

And to the question in your title, what is your definition of "best"?