If I have any gripe with financing, it is that it is unavailable on the ultra low priced properties (under $30K) that I like to have as rentals.

They did an ultra sound so that we would have at least known the sex of our child.

Don't blow it by overshooting, just to project an ultra-high return that will attract capital but will fail to be delivered even if the market cooperates.

That's okay though, they'll be back in their previous line of work once the regulatory environment softens some and banks ease up on their current ultra strict underwriting standards.  

Upon an event of my default on the $90k note, the note & deed of trust would automatically vest in my friend, and he would step into the shoes of the lender to my borrower with the $100k obligation and property - friend is ultra secure and is basically getting 90 / 125 LTV based on not the market value, but the purchase price of borrower.

If you can’t handle the examples you and I described in our posts (drug dealers in lawn chairs, kids throwing their pit bull’s feces onto your porch, etc), don’t invest on that house or that block.I am against someone looking at ultra low prices on Zillow or Trulia in Detroit or Cleveland, not know anything about the block/street, and impulsively buying it anyway.

The ultra pricey personal homes--yes, great and different service.

- Pad remodeling costs 10% for safety factor- Assume $5000 in buyers closing cost assistance (typical these days)- Must have good curb appeal (no weird designs, ultra-modern, mid-evil, etc)- NO BAD NEIGHBORS!

I lived ultra conservative for years building capital (still do just not so extreme).

Those crowd sourced design sites that offer ultra cheap logos are a crap shoot at best.