Luckily my wife found us a room for free at a Harrah's casino hotel in Tunica MS.

Yes The idea is to refi them into an s corp or LLC in order to free up slots to continue to buy w traditional Fannie loans and clean up my portfolio.

I'd also suggest you get on Quick Books, pretty simple but having a little accounting will also help, just 4 hours of studying will make a big difference, what's known as "slotting accounts", correctly placing assets, liabilities and capital in the right place. :)

I have a similar background Mike w/a BS in Hotel Admin from UNLV and an MBA from NY, but if I had to do it all over again, I'd avoid the Hospitality Industry - even though while in it working in a front of the house well tipped position w/a decent hourly wage in Vegas and Reno Mega Resort Casinos, I surely didn't need any degree in Hotel/hospitality.

The casino in the town call the shots.

The crack is likely at a bolt slot as thats where all the stress is, making it even less likely it would hold.

I do showings once a week at some fixed time slot.

Yup....California is certainly a casino.

If anyone out there has funds they want to put into play, just message me and I will slot you into one of our next deals.

I'm a credit executive in the casino industry.