Sooner or later, the piper gets paid, one way or another, and quite literally, all the worst payments extracted involve their children doing the paying for cheaters.Debt can be used to crush a nation, a business, a person who makes himself or herself a target.

After buying the property and viewing it I quickly realized why noone had rented either of the vacant units: both units had what looked to be mouse crap on the floor and the other unit had a broken window (not cracked - a literal hole in the glass) and there was a hole punched in the drywall (covered using cardboard). 

I literally know enough to just get me in trouble.  

I agree with cash flow and appreciation but loan pay down seems to me to lower returns as it literally means you are deleveraging. 

This is good news for my lenders, since I have very little experience in real estate, and he has literally converted hundreds of large hotel units in Sarasota Florida.Here's the catch.

The buyers inspectors literally praised the work we had done throughout, but a week ago the CL-100 wood infestation inspection came back noting a small bit of non-structural exterior sheathing damage along the bottom of the back wall behind the vinyl siding due to moisture :( The good news is we are 99.9% sure the issue was caused by rain water coming off of the roof and landing in an area that had standing water before we brought in some dirt and gravel to resolve the drainage issue during the remodel (townhouse is on a slab). 

As a young profession in a HOT market, I am looking for house hacking opportunities, and investing out of state.Seeking: REI opportunities out of state (NV, AZ, midwest, sh*t literally anywhere but CA). 

When I met him for coffee, he literally took me to 3 projects (5 minutes away) going concurrently nearby -- one starting, one about halfway through, and one nearing completion. 

For example, the skiptracing VA does get good phone numbers for a really cheap bulk amount FIRST (@Ryan Blake) and once I literally can not get in touch with the homeowner after having my caller VA's calling each number (30-40% of the leads unreachable) I would use a skiptracing service a pay about $1.35 for each lead ($40 monthly no-contract subscription).

I was buying court house steps in fort Meyers  new or near new homes for 30 to 40k cash at the steps in 093. my well documented clients in PHX AZ losing 4 plexs they paid 350k for in 05 and having them go vacant and they let them go to foreclosure thereby ruining their credit and losing whatever cash they had in them.. 2010 they were selling for 100k or less and still vacant.so on and so forth.As long as credit does not freeze the values have been reset .. those that were lucky or smart enough or came of age to be investors and bought in the trough historic low price points historic low interest  many paid cash as financing was still tough.. so as long as they don't drink the cool aid and refi out and leverage up you have the makings of a very strong asset base.. plus all the foreigners who paid cash there were literally hundreds of thousands of homes paid for in cash by Off shore folks.. then add in the half a million or more that were bought by hedge funds..