I have no opinion either way.I reduced my yearly rental acquisitions to a goal of just 4 this year and that is only if they come with seller financing.

My main problem with any wholesaling discussion is every single time it is allowed to be reduced to the wholesaler as "having no money, sending out letters, never intending to close, planning on weaseling out if they can't find a buyer, etc."

While my life has gotten much easier since hiring a PM, I keep thinking about eventually bringing it back in house and hiring a property manager to work directly for me so that our financial incentives are better aligned and costs can be reduced.  

Throughout school we learned passive solar design strategies that reduce operational costs such as heating, cooling, and lighting. 

This reduced the amount of POTENTIAL spending by the same number.3.

We will definitely try to refi the primary loan to reduce the monthly expenses.

The mortgage is personal property, an asset and the value of the property, while it changes the risks being under collateralized, does not mean the value of the note is reduced at the same or even nearly at the same rate of the property devaluation.It's my understanding that the ED is on the property held by the lenders, or in the process adding to such inventory.I don't think this is going to fly, if it does it will be very politically influenced, imo, as I have never heard of any similar cases.

I'd rather next year you listening to podcasts and reading books on how to expand your investment portfolio and reducing risk.

He was in a very similar setting and ended up last summer when (everything went over asking) reducing he home by about 10% to final sell and had to replace the roof.  

Unless you have a high income job and can stomach the negative cash flow each month...You can also look at house hacking something that may be a bit smaller (a semi with a basement apartment) or something like that so you can get in at a lower purchase price and still have your living expenses reduced.