Also start going to meetups and do some exercises like picking a target market!

First, you're cherry-picking a period that includes the worst financial crisis of our lifetime, 2008.

Now my total cashflow is $3500/month and I picked up 3 houses basically for free, not costing me any money out of pocket.

So they have to be placed & picked up quickly, or at the very worst cost so little that it doesn't matter at all if the authorities remove it. 

@Kody SmithJust went through this with a 2.8M property that thought needed $200k in repairs and it went for $1.8M at auctionPeople are going to lowball this at auction and that close will wait and probably pick it up for around $1.4M

Take your pick, increase in unemployment, increase in inflation or increase in taxes.The true question after all of the goverenment manipulation, is how much money do you actually end up with at the end of the year.

Thank you for the fast reply.I am leaning towards it might be a bit risky to assume a refinance as an exit strategy if you are in a deal with a lot of equity tied up.Definitely Valdut, its always good to know all options and pick the option which allows for the best execution is speed, pricing, terms, and the right product for the given situation (rehab, acquisition, long term cashflow, construction, or interim, bridge, etc). 

If you could pick up this house and drop it in a normal market you could charge 5x as much. 

I'd also be willing to throw some cash into any charity you choose.I have been trying to pick a lane for the last 6 months and keep going into analysis paralysis.

That happened after making 5 phone calls to their emergency repair department and threatening to sue them for refusing to grant me access to my property…my property manager contact was not picking up her cell phone stating that she does not pick up her phone on a Friday at 4:50 pm.