I could have achieved all of this without BP, but undoubtedly, it would have been at a snails pace compared to the time it took me with the help form everyone at this awesome site!

I am looking to pick the pace up soon.

If you think something has potential, post the numbers on the deal analysis forum and see what everyone has to say.In reference to your risk assessment, I would have to say that what is "smart" is very relative to your personal goals and agendas.

If you live in a slow paced town then maybe slowing down with people would help.

Unfortunately the high rents don't keep pace with the high prices so cash flow can be a lot tougher.I have some small local rentals that do okay and one that does awesome.

I think I would like the fast-paced activity and it looks to be a great way to make money that I can use for future projects.

I had considered doing what you did with the buy, occupy, fix, but I've got 2 small kids (under 5) so am moving at a slower pace in Shoreline.

The degree of difficulty is much higher than it needs to be, but part of the underlying agenda is to cut out equity financing and bring deals into a bank.So, while these new regs will be a PITA, they also provide a large financial gain in the system.BTW, I do understand your resistance and let's wait and see attitude since you don't have a mortgage broker's license, if I were you I'd hope it wouldn't be necessary too, but much of the two recent Acts are pretty clear, doesn't take a genius to read them and say "Oh Crap"!

I know Tracy won't be the best in terms of appreciation but I do a lot of work in San Ramon, Pleasanton, and San Jose area and so it helps knowing the pace and price of new construction.

Yup - I've seen this discussed, but it by-definition limits the pace that you can buy, so it's actually quite rare.It's also rather difficult to qualify for a mortgage when you have 10 properties already.