I talk to borrowers every day who express their utter despair that there's no reason to carry on because the market took it all away.

It was not a nation that was in complete despair, many Iraqis agree that they had a more stable life before the war.

But don't despair because although this is the case when you look at it myopically, in reality most investors go into multiple deals accumulating 100s of thousands of passive activity losses in their first few years investing.

However, this is an advanced technique, and should not be attempted until after you’ve got a few flips under your belt.Don’t despair however!

With real luck, you might learn to understand the damage done to their psyches by need, want, the offhand cruelty of the world, and the crushing despair they live with.Perhaps then you'll learn to feel the shame of what you've written in your bones for the rest of your life.Mark 21: 31-46"But when the Son of Man comes in his glory, and all the holy angels with him, then he will sit on the throne of his glory.

You ever get the sense that want, famine, war, plague, despair, ignorance, and all the miseries of the human condition are just abstract concepts to some people until the moment they find themselves staring one or more of them in the face and realize to their horror that life breaks people, and does it in a hideously impersonal and unfair way, and the lucky ones are those who die with scars and regrets to bear witness to their successful education?

Fast forward to 2015, I travel by the house all the time and each time I see it falling further into despair.

. ;-)Pre duplex, I went through intense despair as I hunted for an SFR.

I have been considering going with Memphis Invest, a turnkey company, as I am beginning to despair of finding good property managers on my own.

Hard money lenders will require you put down 20% of the purchase price + pay for the origination fee (2-4 points) and have 6-9 months in reserves (interest payments).By the way, if you don't have $60K in your bank account, don't despair.