If she was even to present such an offer she is fearful that the bank will pull the listing and put the house up on the auction block.

It won't here, but you could check your area.A couple of rungs up from what I call "the bottom" might be the best bet.Affordable, in town, so big tenant pool, but not fearing for your life or tenants who are too undesirable.

Financial independence to me, means that I am able to produce enough income to support my lifestyle while working for myself and not be in constant fear of being laid off due to outsourcing and losing my only source of income.

"When others are greedy, be fearful.

The last thing you want to do is be someone who does "research" for 2 straight years because they let their fear control them.

I would say it's fear and cost.

will look into that, im very good with money and a little on the tight side, i dont like having debt, so even the thought of having multiple mortages out scares me, im thinkin of rehabing 1-2 a year and if the ball starts rolling ill start doing more and more, but i see what your saying paying cahs for everything would take a long long time, plus my fear is the cash i accumulate would always be in a race with appreciation of thee houses, thanks for the advice

will look into that, im very good with money and a little on the tight side, i dont like having debt, so even the thought of having multiple mortages out scares me, im thinkin of rehabing 1-2 a year and if the ball starts rolling ill start doing more and more, but i see what your saying paying cahs for everything would take a long long time, plus my fear is the cash i accumulate would always be in a race with appreciation of thee houses, thanks for the advice

I guess I just have to get over the FEAR.

I just get frustrated when people spit out the common fear factor phrases.Here is my favorite saying rgarding fear:"The rich act in spite of fear, while others allow fear to stop them".This is not just a statement of words, but something to live by.