I’ve read accounts by RE investors boasting about living in the cellar (not even the basement) as a  strategy for rapidly paying down a mortgage. 

We boast 95% customer satisfaction and strive for 100%.

Yes I bought a 4 acre tract in Rohnert park when it was not buildable but it was only 27k in 1995.. but it was right behind a home depot and on a freeway closer leaf only one block off well town grew out to us.. casino went in across the street brand new hotel next door and I have been entertaining offers in the 2.5 to 3 million range.. have not closed yet though.. you know those CA.

@Doug WoodvilleHis profile doesn't show any licensing..but boasts of "wholesaling" which for the most part means unlicensed brokering.

We also plan to have our contractor (who has experience also renovating casinos in the area) inspect the property with us prior to an offer so we can run numbers correctly.

I am in Lake Charles, LA on the Gulf coast and our economy is driven by petro/chem industry and a couple casinos. 

From the ground up, we constructed a remarkable dwelling boasting four bedrooms, four bathrooms, with three of them being luxurious ensuites.

If you can't pay off the loan or work something out with the bank, they will take the property.And that's how Deutsche Bank ended owning the new Cosmopolitan casino in Las Vegas.

We were thinking that the Mystic area might be good due to its proximity to the Casinos, aquarium, beaches. 

One of my investors just sold and closed on a deal I sold him in the summer and he has asked me to post his closing statement... not to be boastful but rather to show investors what can still be accomplished in this market.