Not a win and certainly not an intelligent path forward.

But I don't think that's anything you don't already know @Rich Weese Real estate markets going crazy is usually a good indicator of something about to happen, but I wouldn't say real estate causes the recession; rather the pre-recession creates artificial upward pressure on real estate. 

This changes as the mortgage gets paid down or appreciation increases the value of the property.Other less professional investors will usually ignore equity and appreciation in order to create artificial cash flow and ROI returns higher than they actually are.In your example they will likley suggest your ROI is infinite and your positive cash flow is actually $250 higher than it really is.

You will save hours of his research time, he will be able to intelligently discuss your options at the first meeting, you will have a document to refresh your memory if this moves to court in the future, and it will intimidate the contractor in the discovery process should it come to that.5) Determine what your end goal is NOW.

@Chris Oei - Well then, maybe this neighborhood investment opportunity could be spread among the SinCity, Las Vegas, and Henderson REI, REA, and REIclubs enough to attract a concerted and coordinated effort (to not artificially raise prices) resulting a sharing of the wealth and a more valuable neighborhood.  

Now if you insist on booksMillionaire real estate investor Sold or be sold10x ruleE myth $100 startup The entrepreneur mindThe intelligent investor

On top of that we had skyrocketing building costs, interest rates being held artificially low by the Federal government, plus considerable stimulus money flowing the last 12 months.

But I'll also recommend the intelligent investor as well as the E-Myth in real estate.

, (               )   (               )    (               ) PLEASE HELP ME BRAINSTORM IDEAS Intelligence and creativity come from groups not individuals let me know your thoughts and imputs!

(Ben Graham's "The Intelligent Investor" is perhaps the best volume on the subject), and I'll suggest that the core "value investing" philosophy is a direct corollary to the REI adage of "you make money when you buy, not when you sell", in that you make your money when you buy a stock when its undervalued and includes a sufficient "margin of safety" (itself the analog of a lender capping their exposure based on LTV).Patience, prudence, curiosity, and a desire to learn are hallmarks of a successful investor in any domain, and I'm with you in that I'll keep doing both :)