I can't imagine changing codes every guest.  

On the other hand, IMO I have done fairly well for not having much more than an imagination and a good amount of ambition.

I can’t imagine they would just up to $1000 month.

Hi Don,I'd imagine you could get very close to the upb on the note say 75%-90% upb based off of a few factors, such as borrowers credit and value of asset.

I have only done 2 flips since then because of the margins but never in a million years did I imagine the market inflating as much since then. 

For someone with your background that has built companies, I can imagine completely handing off control in a syndication may be challenging.  

Imagine the 2nd property is a 4plex, each unit can be rented $1500/unit of 75% =$1125 x 4 units =$4500 worth of income to offset your that 2nd property.

Prices might definitely correct themselves over time across the country, but I don't see any projections of them going down 30-40% anytime soon and all the projections I've seen, prices are going up.But with rents being so high, and prices still relatively low, compared to a lot of other markets in the country, my experience in this market doesn't lead me at all to believe the bottom will fall out anytime soon.If you've been in Northeast Ohio over the last 5 years you can see for yourself how much they've built up the downtown and University Circle area and literally have poured billions of dollars into it's medical infrastructure, which is one of the best in the world, creating thousands of high paying jobs and people willing to pay high rental prices.But I do agree with Nathan that it's all about having the right team and property management to be successful in this market. 

I can't imagine Rockford being a destination.

Had multiple excuses why late including the truck had a dead battery and pouring rain.