Someone with $10M in the bank in cash just needs to put a lot of money to work and time value and tax write off is more interesting to them than a hungry investor in their 20s that has never found a deal.Honestly, books are great, but they are about as "boiler plate" as you can get as I'm sure you're discovering.

But right now, it's my understanding that Texas has given a little more time on the requirements.Be happy to assist you...and the price is right...LOL, I don't charge any fee!

It is a mobile home and I was able to get seller financing for half of the purchase price. 

I'm a pretty big advocate for the south side of chicago where you can find properties half that value and cashflow really really well in turnkey condition. 

Glad it's working for you I slowed down on RE for about the past year and a half S&P 500 is up 27% YTD, NASDAQ 100 up 32% 

and as a lender in possession the paper was rock solid .. never had one default.. 18 months in the house is half paid.

Recognize initial cash flow is likely at an all time worse.  3 recent studies show that the rent to value ratios are at an all time worst.  

That makes a real difference.Initially we had one originator, one part-time processor, and a part-time admin assistant. 

As a side note, my wife and I work full time and are looking at strategies that are less time intensive.

For that and time saved setting that up ourselves, PCS was worth the cost for us.