@Leon Yang  This is a home that sits directly across the street from me that has been empty for about three years...owner had a heart attack while mowing the grass and moved into a condo...I think the income on a monthly basis is key...and if I were him, I would want a balloon at some point in the next 10-15yrs...any suggestions?

Thanks @Leon Yang @Dave Visaya @Jesse Waters for the warm welcome and advice.I am still learning how this forum features work. : )  What happen next if I press Connect to Follow or Send Colleague Request? 

Incentives up the ying yang but not for old ideas.

Hey @Ron Yang welcome to BiggerPockets!

@Leon Yang , the sellers are very vague on what they are looking for so I am trying not to offend them with the opening offer but I think they would entertain any starting offer so I might consider that as a starting point.  

@Leon Yang , I've already refi-ed my SF condo, I'm on an 5/1 ARM at 2.75% that goes adjustable (LIBOR + 2.50%) in 2017.  

@Steve Yang @Dotan CooperBe very careful with section 8 in Indianapolis.

@Steve Yang..Did you find what you were looking for yet?  

My partner (okay, i'm bias b/c he's my husband) knows all the constructions, building, woodworking, the fixing up logistical stuff, and I'm the finance  and design.. you will be 100x happier and more successful if you find a partner that's a ying/yang... a partner and a mentor to match your strategy!  

I saw this last time too where all these flips shows came out, seminars from educators were rampant, news stories were once again touting real estate as in vogue and a juggernaut that can't be stopped.I know agents right now buying cars,big houses, trips out the yang thinking (this is awesome).I am trying to make smart investments today and hold a certain liquidity position to take advantage of discounted assets in the future.There is talk that Trump's plan for reducing corporate taxes and road improvements might extend the cycle out 2 to 3 more years but nobody knows for sure.