Got 4 bids-$1.4 million$1.5 million$1.8 million$3.3 millionI shot the guy at 3.3 an email saying I think you might have a typo or calculation error, all the other bids were in the 1.4-1.8 range.

If you're an insider, especially from the beginning, you're an integral part of the plan.So, your best position is the guy who everyone sees as the solution guy, who has the money, hires the attorney, calls the shots, etc.I do not have control issues (as long as people do things my way on my timeline, etc.).

I'll give it a shot on the next property.

I'm somewhat stuck at a crossroads because Phoenix has shot up quite a bit (about 22%) in the last year, but it was mostly in single family homes due to institutional investors (it seems to me).A fear i have about these large companies buying so many homes is that they could dump them quickly and poorly effect the market.Also, I fear that the Phoenix market has been eaten up so quickly its been exhausted of its potential.

Paint wood trim in cincinnati in a nice area and you might get shot.

To be honest, I try not to depend on speculation, but I don't think we're done growing out here by a long shot and my location is pretty dang good.One main point that I'll also make, is that my expenses are HUGE living here by myself, so moving out would significantly reduce my monthly expenses by at least 300/month, if not much more, depending on if my gf lets me move in with her ;-) I would also pay off my credit card debt which costs me $250/month.To summarize with conservative figures:Refi with remodel- I break even monthly, left with under 20K to investRefi without remodel- I have negative cash-flow monthly, but left with about 30K to investSell- No cash-flow or appreciation possible, left with 35K to investMy main questions are, do my numbers make sense, and does owning a negative cash-flowing property make sense at all?

. - I suppose Mehran is really the big shot in this situation.

Maybe they would consider owner financing...worth a shot down the road!

I think my best shot is in my hometown area, where I know many tradespeople and have a greater network of support than I do in my new area, and where home prices are much lower than they are in central California.

It's at least worth a shot.