The $210,000 you net is 233 months (that's 19.4 years) of your $900 profit you get when you walk away, cash fat and you don't have to worry about maintenance, tenants, etc.  

I just tore the house down.. new homes there now that it gentrified are worth 600 to 700k each and we can put 3 on this one lot. so about 2 mil in gross sale on a lot I paid 80k for and had no income for 10 years.. .. we will make a big fat pay day on that..

Now called FAT FIRE by some, this is just good old fashion independent wealth.

Hi @Corey Drexler,For non-owner occupied, the only way to avoid saving up a big fat down payment the old fashioned way is really to tap the equity from some other real estate.

I'd also highly recommend keeping a fat emergency fund.

These boxes look big enough for fat rats.  

A girlfriend of mine lives at a property recently bought by Fat Property. 

Since the motivation for a lawyer would be getting things made right vs. a fat fee.

When those big fat roaches infest the place guess whose fault it is, legally?

Over the years we have found a deal and then either over thought it and lost it or tried to shave that last bit of fat off the bone to reach some predetermined percentage like that ol' 70% number people are still tied to and guess what, another investor took the deal and reaped the rewards.