George,Good to hear some new blood coming into the game.

That depends on your personal preference, if you are for more risk then you can spread yourself thinner, but as this is your first deal I would wait a few months first before making any more changes.  

Anyhoo here I am many years later with the properties back East, me still living in the Midwest, and real estate investing in the blood.

The best thing I could do for them was to just step back, and let them reap what they sowed.I would never buy a property off someone I knew personally because of that, no matter how much money I would make, or how much I would lose helping them get out of their choices, it just makes for bad blood when the true winners and losers comes out in the wash.Good luck!

Right now, with no experience under your belt, you're just slicing your wrist, dripping the blood into the shark-infested waters, and jumping in thinking that you've found out some amazing trick.Trust me, I've seen how it plays out.

Surprisingly the older tanks installed prior to the 70's are more durable than the thinner walled tanks of the 70's and later.  

My dad was a GC for large construction companies so I grew up around this industry and it is in my blood but due to his health he and I were never able to go in to business like we hoped and him show me the ropes.  

We've put blood sweat and tears (and lots of cash) into this and now this bomb is dropped on us and we have to delay closing again!

The margins in Austin seemed to be a thinner.

Change your frame of reference.If the owner was a long-lost relative who has a rare blood type that you desperately need for a transfusion in order to stay alive, you'll get both creative and resourceful.The tenacious detective will use online skip-tracing techniques and offline methods.