Cash flow is necessary to make the financing work, but the more meaningful realization events occur when the properties appreciate or value is created through development. 

As far as Steven’s journey goes, I would definitely encourage him to check out multiple different strategies and see what aligns best with his desired goals and capabilities (access to capital, time, etc).

It’s the long-term commitment that tends to yield meaningful returns.

This has made it a lot easier for the 1-5 unit operators and encouraged them to keep going. 

I would include a limit in the amount you are willing to cover (I think it can be a fairly high limit), but that way you protect yourself from someone running up the bill unreasonably and it encourages conscientious environmental practices.

Thanks for the encouraging advice Account Closed.

It is my understanding that if you enter into the lease knowing of the foreclosure and placing a tenant anyway, then the lease is essentially deemed invalid as you and the tenant knew that it was a matter of time before they were evicted.Also there is an assignment of rents in residential mortgages as well, and doing this may open you up to a lawsuit by the mortgage holder since you essentially stole potential rent from them.And finally if the plan is actually to buy an HOA lien and wait until a foreclosure, I think that falls under unethical practices and would never do that, or encourage anyone else to either.

The also encourage people to do door knocking on the pre foreclosure list, and the use of bird dogs to do it.That is in summary their core marketing education, although Brent Mott, from their team, offers additional marketing education during some weekend every month, which provides some good quality education.Their educational program also includes scheduled support calls with Shenoah and other people in the group, several days a week.

and the low purchase prices often mask major deferred maintenance that can be a surprise - the midwest housing stock is much older than CA, AZ, NV, etc.i'd encourage you to save up for a house hack locally and then house hack while you continue to learn and savegood luck

There's actually a few of them - I would encourage you to ask it in each one.