While I like what I do and do not intend to quit medicine, I am also realizing that medicine can no longer fulfill both my personal satisfaction and financial freedom.

It shouldn't be my problem, and we're talking about the October 2012 payment, so I've been more than lenient / patient.

Also, in most states a deed in lieu is considered full payment of the outstanding debt, in Texas it must be stated, but in any state, it is always best to state on the Quit Claim Deed that...This deed is given for the full satisfaction of debt....

Learn the process yourself and hire an attorney if you can't get satisfaction.

I believe the most important thing is to be patient.

Student debt and all.Be patient, learn, apply.Kris

I'm not planning on making the same mistakes twice---especially when there are so many new ones to make (hopefully not--that's why I'd like to meet other investors who are learning what to do, as well as what not to do).When you get to town, spend some time with your beautiful baby boy and get to know him--and take you wonderful and patient wife out for a nice dinner.

Like @AndresCalderon said -- the trick is just being patient and finding the right deals at the right time...The Miami real estate market is very competitive and very prone to information asymmetries.

They will serve a purpose for you one day again in the future, perhaps, but the experience you will be getting by self-managing should give you a lot of insight on how to hire and manage a PM to your satisfaction.

I could imagine the satisfaction of growing it from nothing.