With me being a beginning investor, Zach has been very patient in listening to me sort out my inner doubts/conflicts while also helping me better understand the stages of purchasing an investment.

I agree, the houses i want are out of my budget and also dont want to be stuck in the paralysis by analysis stage !  

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Yes, they can run a soft pull to pre approve it does not hurt the credit at the initial stages for no reason.

(I had just presumed - perhaps wrongly - that much larger buildings (say 12, 20 or more units already have a live-in super or some other arrangement in place...)

Below is the median net worth of Americans by age according to a recent "Survey of Consumer Finances" conducted by the Federal Reserve.Under 35: $13,90035-44: $91,30045-54: $168,60055-64: $212,50065-74: $266,40075 and over: $254,800At this stage in your life, if you are ahead of the average American, what do you attribute your "success" to?

@Quiche LynnIf a home is in foreclosure the options are to work something out with the lender, pay them the amount that is past due or file bankruptcyHow they get the money to pay the lender what is owed can be from any source, but unless that lender is brought current or has some type of arrangement they typically do not stop foreclosure

I’m still in the feasibility stage for the lot and I can walk away.   

. - Multiple unrelated fund mangers with deep experience (so one can't get hit by a bus)- Lends at conservative LTVs, stage-gates release of funds based on project milestones.- All loans are in first position, with senior rights.- Lends only to experienced borrowers- Has good liquidity - 1 year lockup or lessThe problem is that no fund meets all of these criteria.

So, if they didn't pay the damages and didn't make any kind of payment arrangement with me for that, then they would get evicted for not paying that.