Good observation Jerry, I haven't as much talk about underwater properties, I'm sure there many left.

Even the least sophisticated observer of this place would have guessed that nearly 0% of the wood could be retained.

Got lucky that time.But trust your observations, and if your tenant pool has issues, get something to mitigate that, to the extent possible.

One of my observations is that there is a noticeable shift towards smaller homes and a growing interest in the tiny ones.I can't wait to see what you do!

Work for someone who is doing what you want to do, offer to work cheaper than other people, and go way above and beyond what is expected, make yourself invaluable, ask a lot of questions, observe, learn. 4.

I speak only as an observer as I've never owned paper other than CA until my recent NPN JV partner created our hedge fund.My point is that a DIL may still be a viable option if foreclosure is started but is a lengthy process.I say, if possible, door knock the owner's residence and get a dialog going.

Feel free to post my observations if you think they would prove to be helpful.

They probably need to be raised to account for the 10 extra tenants.The last observation is that the mortgage payment seems to be high for me.

There are discouragements, for sure, but revisiting this observation will restore a sense of well-being and gratitude for a lifestyle that, in spite of the setbacks, offers so very much!

Damages... best practice is to drive by and observe the exterior often (monthly is good, weekly is better), inspect the interior often (semi-annually is good, quarterly is better), and deal with damages as you find them.