But this is a workable strategy, if you can buy cheap enough.

Hello BP, I've read some of the books (BP and others), listened to some podcasts, and am zeroing in on a workable strategy to buy and hold (waffling between single family and small multi-family to start).  

I know block by block and what sections are workable and what blocks to steer clear of, and I have learned this through being in the game. 

You must be able to understand deeply what they are trying to accomplish and then translate that into a workable solution for everyone if possible. 

But college rentals can be, too.Finding workable college rentals is difficult where I live.

If it were me, I'd put this one on the back burner and invest your time and energy into deals that are workable and make sense.It IS possible to work this deal, however your expenses to date are merely the cost of doing business.

Anyway, I hope someone with some experience will enlighten me on some of the things to look for and whether this even looks workable.

All is not lost though--there is a bill that would amend Title III to make it more workable by increasing the funding cap to 5M and allowing for SPVs.

Offer a workable number for you, if it does not work out, if you get outbid, so be it.The margins on the deal you are bringing up are way to small to be worth doing the deal.

We've had several workable offers in my view, however, the bank or the buyers were not able to agree price.Now, comes along the lender (out the blue) with an offer of a loan modification that reduces her principal significantly to a point where we can sell the home without having to go through a short sale.