My intentions are to stay the course on debt reduction.From a personal property standpoint someone will get a good house in a great neighborhood and make it worth its weight in gold.

So if you own 20 houses, you pay 20 times more for membership than the guy with only one house.I suspect that the way the membership fee is set up keeps the experienced landlords out.

You can't beat rage against the machine for throwing around weights.

You must start somewhere.....there is no time like the present......What is the worst that can happen........Bankruptcy........big deal then you come back and learn to do it with no credit and no money.....the important thing is to start and never give up......get knocked down get back up....keep getting up untill you have learned the lessons and are where you want to be.If someone knocks you down and you do not get up you just lost your freedom.......Most are full of excuses and most will have excuses for why they never achieved anything in life.....the only reason is they had excuses

For this same reason we don't build using cubits anymore or price the weight of goods based on how much is held in the king's hand.

.- Who is going to do the general upkeep of the property?

Obviously this allows you to retain more control over the upkeep of your asset, but as I'm in another country, I'd prefer to go the first route.

In terms of renting, esp. with an older unit, you would responsible for the upkeep.

I give little weight to ANY of the comps on the first deal.

For future reference, being "told" something carries no weight with a judge.