Got two more apps this weekend that I had to decline, one had tens of thousands non-medical sent to collections, the other through some sleuthing I discovered had a "zoo" of 6 animals that they had no intention of parting with, so frustrating!

Understanding financing is an important part of playing the game of real estate well and of designing an enduring business.The most commonly conceived mode of real estate financing is conventional.

Knowledge is key to easier and enduring success.As for financing, the best is owner financing.

You got it @ Raj Gandhi.So buying multiple properties with scenario #3 will get you a nice place under a bridge unless you can endure the losses until morts are paid in full.Nothing I want to do.

I'm curious to find out how do people maintain their endurance.

The best thing about over the counter sales is you have no one bidding against you for the property and you don't endure the discomfort of an auction.Most of the commentators have more experience at this than I do and may have a different recommendation or a better way to do it. 

The relationships we've built here are authentic and enduring.

Long beach is not a bad place to cash flow if you have the right sleuth to guide you ( duplex, tri, 4 plex).  

Talk about brain damage...You used to be able to close these in a few days....now they will have to get tons of disclosures and endure the processor log jam like they do with banks...ugh!

. :) )A little google sleuthing reveals that one of the people above was an agent that is being cited for activities after his licensed was suspended.