@Jon Holdman  for a little over a decade i did this foreclosure rescue last minute stuff it was hair on fire.. and almost all of them were within 3 to 5 days of the sale.

Devote your 20s to becoming the Tortoise, not the Haire.

I am looking at a set of two properties located next to each other. One is a 3 bed 2 bath renting for $855. the second is a duplex property with two 2/1 configurations renting for a combined rate of $1280. I found a l...

From what I've heard, they don't really care if you transfer it to an LLC after you close the loan, but it might technically trigger the due on sales clause.

If so, then pull the trigger and buy the property.Recently, I purchased a park and the appraiser said I couldn't get above market rental rates because no one in the market was able to do so.

Not being able to cash flow with current market prices in a decent neighborhood.Not being able to pull the trigger to get started is probably my biggest.I will end my long into there.Brian

Maybe mentioning new haven, bridgeport and wallingford will trigger some key word alerts. 

All it takes is a wild hair and you are dealing with nothing but pain and misery.

There was a guy that did a post the other day who was 21 and already saved $100k.A lot of the times (this is not legal or insurance advice), but your assets can be adequately protected via proper insurance on the property which would included a liability policy, and then with an additional umbrella policy.Keep in mind, transferring a property from your personal name to an LLC could trigger the loan's due on sales close.

@Andrew McManus Have you thought about paying some of it down and refinancing to get a really low payment but still hanging on to some of the cash so you can pull the trigger on a deal in CO when it presents itself?