Can someone be so kind as to explain the two bolded terms for me and how to use them effectively when purchasing a multifamily asset?

But fortune favors the bold.

By the way I didn't know you can lease a smoothe for 1 year man wonder if it's pomegranate flavor!!!!!

The reason we have at least some socialistic flavored laws is due to the fact that if they did not exist the communistically minded capitalists would rape the population more than they are, so since you are not in a position to buy the bank you need to protect yourself since the name of the game seems to be survival of the fittest.

Sounds like you need to follow James' suggestion and look at additional ways to target motivated sellers.Motivated sellers come in many flavors.

I buy a 4'x8' sheet of Yellow and have it slice up into 18"x24" pieces and then write on them in Bold Black magic markers $2 or less in each sign.

I think that it is pretty bold for you to insinuate that I do not run my business on the up and up based on one question.

I'm going to print it out in a very large bold font and tape it to my wife's forehead.

It doesn't sound like the landlord is terribly sophisticated.Maintenance comes in a few flavors.

And for those of us "bold enough" (not my words, but others who observe me and people like me) to "risk it all" in this market, the rewards seem to far out weigh the risk.