It’s also a good time to network with other investors to maybe strategize about pulling your money to be a part of larger pools to bid on.Anyway, when I shake my “Magic 8 ball” and ask if investing in distressed seconds is still a good idea, I keep getting answers like “Outlook Good”, “Signs point to yes” and “Without a doubt”.

I'd rather put realtor miles on a basic sedan than my nice luxury toy. 

These "Working Poor" who get evicted often seem to lose almost everything they have collected (since their last jail term, last eviction, or whatever).Bed frames, mattresses, furniture, kids toys, clothes, etc...Just left behind for the owner to deal with.Assuming a lack of "Activist Judges" who will just do whatever they want without any regard for black letter law, these "Advocates" will do nothing more than add to the cost of the eviction (which will happen sooner or later anyway).Assuming "Activist Judges" the cost of forced housing of these people while they don't pay will need to be socked away by the owners for use when needed.Add to the mix SJW attorneys and Judges who will slow the process with stalling techniques and it might mean a larger security deposit required for some renters (if the market will bear it).I don't see this as being much REAL Help for these people, many of whom are "In Crisis" due to the eviction.Whether it was their own fault or not (job loss, friend stole the rent money for drugs, etc...)The help they need is HOUSING by the govt at that point.

We have some lender referrals you could also talk to Yes I do plan on living in it!

They get expensive snacks and have a pile of toys.  

Hey everyone,I recently began toying with the idea of renting out some of my LTRs into more of a flexible STR model (traveling professionals and furnished units.).

The plan I am toying with is interest only on the down for my property, BRRRR, pay it off and use any proceeds for next property.

I should preface this by saying that I am not a BRRRR guy, and don’t pretend to know anything about it.However, I have toyed with the idea of doing it.

I often compare it to the Aesop Fable of The Golden Goose.

(Just toying around with the idea, of course I would do an inspection/appraisal/contractor walkthru ect. prior to closing)By the way, I have no idea what I am doing lol.