If difficult (ie McDonalds moves out), then I'd walk or ask for fat wet kiss in the form of a price drop.

It’s going to be really based on your DTI (debt to income ratio) and the property you’re trying to finance - $40K as a down payment can in some areas be a 50% down payment which is great and your income should be offset by this %, in other areas/purchase price this is going to be closer to 20% down, so I would get a clearer idea of where you’re going and what type of purchase price you’ll be looking at first.

Who knew being a real estate investor was so glamorous 😂😂😂 No big deal, and makes for a funny story 5 years from now when you're dealing fat stacks all over town :) .

- Invest what you can in the lending arena?

I will at least defend myself the best i can in front of a judge.1,000$ is a lot to us bluecollar folks!

Margins that small... if your vacancy rates are a bit off... management isn't performing right, a lawsuit or two, and you're in the red and getting a fat 0.Am I wrong on that? 

Go out and find the best deal you can. In

The current COAs areA. buy a house with cash do a live in flip over 2 years, refinance with VA loan take the money and continue to investB. rent and take that fat stack of cash and invest in a 5-10 unit apartment and start to build the empire.

But due to Harvey, even my best contractors were overloaded with fat margin work from insurance companies and non-investors from Houston to West Louisiana - I was SOL and on the search for a new crew.Lucked out a couple weeks later and was able to assemble a small crew to help with all the finishing bits and pieces.

I order to ease the nerves I am trying to educate myself as much as I can in the next year.