It's probably also a lot less painful to replace a PM than 4 tenants all at once.

I guess I am just a long term debt adverse guy myself.. been there done that when banks called my LOC's it was butt ugly and very painful.. retirement what retirement back to work Jay... and get on BP and network instead of golfing everyday and flying and fishing..

So that one CAN grow to absurdly high net worth without that much pain at all.

You could easily put $15-20K into plumbing (undergoing, under-slab) but it would still be a good investment.

It is in an A+ neighborhood and most houses around here are worth over 1mm so it pains me to have to sell at such a discount. 

I've found no fewer than 9 multi family dwellings that are ripe for the plucking but I'm so broke I can't afford a free phone call. by my estimates, these properties combined would net me $8,600 a month in revenue depending on mortgage payments. it is painfully frustrating to see these numbers and not have the knowledge to obtain the capitol to put them in my portfolio.

Feel free to notify me if you have any more questions as I am undergoing your similar process. 

', and let them decide if that works for them.Two things... if they are looking for a 'discount' before they've even become a customer, then they are likely going to cause you some pain throughout the life of the business relationship.Also, unless you really NEED the business, it probably wouldn't be a bad thing to lose out on this opportunity.

That will be enough to pay off the loan and retrieve all of my cash back out.Cashflow after all expenses will be right at $200 per month but I will manage it myself at first, raising cashflow to about $350 per month@Alex Malyarovich I would definitely do another foreclosure, It's a pain in the *** but now that I know what to expect, I'll know what to expect

What part of the fix and flip process is the most painful for you that you are trying to fix?