I may have more strict requirements for my operations today but just means I need to look around more for a market that fits my current position. 

I've seen a lot of positive feedback about Northeast, though I have not spent any time there myself.

Attending local meetups, analyzing deals regularly, and continuing education would position you for long-term growth.Good luck!

You may end up needing to go through the whole foreclosure process which can take a lot of time and cost a lot of money, and you may end up getting the property back in much worse condition than when you sold it, potentially with a squatter in it and months of lost rent, and in a worst case scenario you will be in a much worse position than if you had just sold it outright. 

If positive, it's generally treated like income or offsets the liability for that property to $0; this is highly dependent on the circumstances.

My position as GP is justified with work experience being that I invest and develop for years, and for putting the deal together and bringing the unique opportunity. 

We keep seeing conflicting views but my personal experience with buyers indicates that the outlook is positive.   

Being dog friendly has definitely been a positive for me.

If the numbers still work, you’ll be in a solid position to proceed.

It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?