@Russell Brazil so you're telling me that everyone who browses the MLS on a daily basis has a pre-approval in the pipes constantly and gets another pre-approval every 90 days? 

I have read quite a few books and listen to the podcasts daily and it seems this is mentioned in almost every discussion.

I simplified the math by estimating a daily rate of $250 for 30 days and factored in 20% vacancy

On the lending side of things, it really helps to work with lenders that know and work in the investment side of things daily.

In these instances, it's important to remind ourselves that the market is shifting daily.

I analyze all my big "fun" purchases as much as my business ones. my mindset is always...can I sell this for the same or more later regardless. the cash to buy the lambo wasn't refi money, however more of my personal spend money was taken to fulfill the purchase than to other personal areas like vacations, eating out, etc. and my daily is a workhorse civic too ;)most of my rentals were bought using cashout refis from previous purchases so I understand if worse comes to worse and I sell at a 20-25% discount, I would basically be netting 0 in terms of buying/selling. however I would have gained all the cashflow over the couple years. again, this would be a worst case scenario.

This fine balance of tax reduction working cooperatively with your tax professional and being bankable is what I do on a daily basis with investors.Best of luck.

It’s just one of those “oops” that I deal with daily in contracting and have to not let it get to me.As far as the realtor mentioning that they removed insulation, and I assume replaced it.....of course they did, there was a leak, a leak automatically means there was water, but not necessarily mold.

Yes, my family could move to the Valley and get a great house for our money but that would mean a 2.5-3 hr roundtrip daily commute and I'd never see my new baby and wife.

I *want* to set a goal that I can look at daily, weekly, etc, and rate my progress to keep me on track, but I always come up empty handed.