got wrung up once from the state of Oregon and pad a slap your hand fine.. but they harped on the common enterprise and that we were the sole provider of the outcome and as such we needed to register our model as a security in Oregon.. of course we had no clue.. paid a small fine and went on our way.. but your right the regulators can take harsh views of common enterprise guaranteed returns etc.

We are super close to Wyoming so a TON of recreation opportunities an hour to 90 minutes north and northwest, but not the harsh winters.  

Would you believe I do this because I don’t want to see these absent owners lose their valuable properties to our county’s rather harsh property tax foreclosure sale?

That’s the cold harsh truth.

But to say it is a waste is a bit harsh.

I am new to this, so I am completely okay with harsh replies :-)Cheers,Nick G.

I would say completely misleading the public might be a little harsh.

Where did it state in writing/your contract that she was to do xyz and you have documentation that she didn't.From the sounds of it and as harsh as it is to here it sounds like you let personal relationship override a business relationship.

The latest podcast had an in-depth discussion about the pros and cons about those houses (@Ben Leybovich was particularly harsh on them), but those they were talking about were renting for more like $500 a month, not $1000.I was also considering using my money as a down payment and getting a "better" property, but I will be unable to get a conventional mortgage since I've only been self-employed for 8 months (and I need 2 years), and I'm not sure I'm comfortable getting too creative with my financing at this point starting out, especially when I'm looking at a 10% ROI on a turnkey property. 

Sorry...just if the way I feel if its harsh.