We've done a thorough proforma which I've vetted and feel comfortable with.  

I looked at one where I feel comfortable bidding 59% of what HUD is asking due to the water damage in the basement (I couldnt see mold but I'm pretty sensitive to it and could definitely smell it -- was very strong and I suffered from some congestion for 2-3 hours after being in the basement)HUD has not disclosed the mold (unsure if the PM company missed it or their inspections were performed before the basement flooded -- guessing it only got 1-2" of water in it) however it was in the house long enough the humidity warped some of the flooring upstairs and warped the door going down to the basement -- however I did not see or smell any signs of mold upstairs so feel for the most part comfortable buying the house.Am I wasting my time submitting a bid 59% of what HUD is asking?  

@Drew Slew If you’re not comfortable with the constraints of the 1031 don’t do it.

Nothing wrong with this - it could actually be a home run of a market, just make sure you are comfortable with your underwriting.I suggest buying data for your market on Pricelabs specifically ($10-20/ mo - worth it).

I haven't looked into it yet but I like that I have this option.2) when I'm gone the policy value will go to my loved ones avoiding probate - direct check to beneficiaries tax free.3) if I do borrow from the policy its not 'free' - you'd have to pay interest, but if the reason I'm taking it out is making more in returns than the interest I owe, it is essentially free to access.4) general comfort in having the policy - just make sure to keep it active by making all payments on timeIts kind of like your own line of credit (LOC), no?

Would love to connect - we've published a couple of articles recently on this exact topic - helping real estate agents get comfortable with investor topics /etc, hopefully they will help and I would also love your feedback

We are talking FAT FIRE here retire not in that double wide but super comfortably.

I could sit and tell you all zip codes I am comfortable buying in but Akron like many cities almost changes from block to block.

My diet went from dining out to consistent beans and lentils.

What strategies are you comfortable using?