The saving grace is that it was purchased cheap a long time ago and will still either cash flow or yield equity even after repair costs

Once those are done(by Spring time) I am going to save up $$ to lease/buy a bigger warehouse.

Phone works.Did you get my private message?

I saved up the down payment for a few months and have a few remaining as emergency funds.

He felt so bad about the situation that he did the additional repairs at cost, which was a huge relief and saved me from further losses.My Agent: My real estate agent, who helped me purchase the property, was incredible.

Was looking to save where possible in this market but the method I proposed is not worth the consequences. looks like 20% down it is!

Then save up as much as you can and buy a small 6-15 room motel or partner to buy something largerHotels are really expensive to get into as well.

A lot of people negatively arbitrage their 30-year mortgage, after taxes, if they keep money in a high yield savings account instead of prepaying their mortgage, because the savings account pays 4.25%, and their mortgage rate is 3.75%.

This is not personal, but if a person cannot save money now real estate is the worst investment to get into as it is one of the most cost intensive businesses to be in.  

They asked how we got a hold of a site from a private listing.