@Gerhard Maree Any unused portion of the loss is carried forward to be used in future years.

@Shawn Washington and @Kevin M. are right about the market for multis being very competitive, @Ben Allumbaugh, they're hot commodities, owners tend to hang on to them and when they do become available the best deals are picked up quickly, we're talking a matter of hours if/when they make it to market.

The management of credit had been such a night mare to me over time I have completely washed bankers out of my life.

I've been to Boston a handful of times and have come to develop a connection with MA in general... always been curious how the comparison between MA RE investing and other states weigh?

All that said, you can find good tenants anywhere, but for the neighborhood you're looking in 75k might be a little high, and rents might be lower than in the Washington Heights neighborhood, and when you say 'cash flowing 600 p/m' are there tenants in there who are have signed leases?

@Tierra CarterMy mare is San Pepe Badger bloodline. 

Thank you both for your replies and answersChris M.   Are

Just closed on a 28 unit retirement complex that was a night mare! 

---Michael M. - are you still purchasing notes?

mare you aware of any lenders that would go higher on a cash out?