It is definitely a process that evolves.

I was impresses as that spread has evolved in a good way. 

I continue to narrow down the goal, but the plan evolves with it and much more wildly so.

This goes not only for real estate but for every aspect of your life that evolves the use of technology.

@Edward RuanI have invested in the bay for 20 years, never chased the 1% but put a lot of diligence in buying properties at a discount with some dose of speculation on how the neighborhood will evolve.

They should be flexible as the market changes and economic conditions evolve, what works one year in one market may not in the next.

Historically speaking, hard assets tend to survive and evolve through fiat currency, so there's also some evidential basis for trading dollars for 2x4s.

If I were you, I would wait and observe the market carefully before making any decision.Prices are at 8 year highs and maybe they are headed for a correction.Start looking at how prices evolve over a year for the kind of property you would like to buy.

I humbly suggest if you can not find a suitable investment by April 1, your criteria is probably not realistic.Of course while the sale aspect is moving forward, you keep looking....and the intensity of your looking increases every step of the way pending developments on the 7 property package sale.During this process, your offer to buy would evolve as the sale transaction moved forward.The strength of your offer would increase each step as follows.1.

As I recall, the lenders in the 70s and 80s were all working for:Jake, the black-jack, Benny the bat, Bobby the blade (now with BoA) and Mike the Mummy (who just retired from Wells Fargo).As more entered the market more competition evolved IMO and while these guys all have relatives or were mentors to many in the business today, just like boot-legging, the business has become more respectable.I suggest you find your own hard money lender, like grandma who gets 1.5% on her CDs