The math may not work out.2.

I bought 3 last year and sold 1 that didn't work out when I went to refi. 

It's dangerous and labor intensive depending on the scope of work.

Along with the holders of mortgages much more willing to do long term workouts instead of just foreclosing. 

So much sloppy work out there these days for way too much money. 

So your decision is: do I borrow the money at 6% (subsidized by the tax deduction, which work out to be more like 4.5~5%) to make that investment or do I pass?  

It's probably best to take a step back and see if there's something more manageable and profitable rather than keep trying to work out this puzzle.

Talking the seller into actually signing .. giving them money to sign. etc etc.. this was/is a very intense way to try to acquire property at least the ones we did were we actually made money the day we closed. 

Personally we don't do anything more than 50% leverage and right now we are right around 20% leveraged on our entire $4mm portfolio.i don't understand how people do all these 0,10-20% leverage deals and max out with little to no cash flow but have "100 doors" we have 20 doors but they are all high quality homes.Was an intensive grind and a lot of cash but I wouldn't trade our journey for anything -14 years later were at 20% leverage on our portfolio and dropping rapidly every month

@Amanda GordonHave never done any work out in Atlanta, GA but I can tell you what I've done and have seen clients/colleagues do up here in NYC.