But if I'm spending money to do it I would like to be protected.  

Still need to spend some time refining the processes a bit to make things smoother.

99% of the time, it's better to spend the $5k and finish it up.  

Then spend 6months educating yourself on one topic and don't get distracted by shiny balls.

I can't spend more than $45k on this after repairs.  

Dan:If you are absolutely certain you have a good prospect, save the foundation issue, then spend a few hundred dollars to have a structural engineer and foundation specialist assess the integrity of the structure, formulate a corrective plan and provide a budget cost estimate (add a buffer to these numbers).If it still looks like something profitable, and with which you are comfortable, afterwards then why not proceed.However, if this is your first dance with a structurally compromised structure, be very conservative in your analysis as there could be many "oh ooh" moments above the foundation.

Los Angeles is a wonderful place but if you're looking to spend $3M it still goes way further in Houston than it does in LA or NYC.

Summer is approaching and I would like to spend my time meeting new people in the industry! 

The first Monday of every month there is a FREE meeting at the Rutherford County subgroup.Like Justin says, it's the best $149 yearly membership you'll ever spend on yourself.The other REIN meetings are $25 each I believe.

I moved to Dallas for a year in the late 90s and one thing I noticed was that the sales taxes there were more like 9.5%, plus or minus.If you're making $100K a year, this doesn't make that much difference - you just don't spend that much on groceries and other goods that have sales tax over the course of a year.