Sorry for going off on a rabbit trail but this really upsets me, is everyone's REIA like this?

So, on the off chance the title report came back ok and it was available for a song at auction - yes, this is very hypothetical - is any of these the proper response:Mike, you're crazy. 

I think I'll steer click of that particular pitfall by forgoing the time-value of the money that I put in, and just give shares to my investors at-cost, like you did.Thanks for the story and the advise!

so I am expecting around 80k in internal fixing up thingsfrom last three days I am going there is different time lot of new things1. government is relocating subsidized home owners from next street. and selling it to the contractor to build newer home 2. there use to be lot of home less around the area that has changed in last year or so3. in my stress test we have capacity for going 25% below current rent that is already below the market.it is for sure long term buy and hold in my little research on Richmond show it is changing and changing fast

Have name tags, post on Meetup and have a plan for going forward. 

your quote reminds me of the Bob Seager song turn the page.. classic  :)

My question is this: What’s the process for going to a lender to get approval for another property once I’ve got both sides rented out?

Also, some lenders (mine) will hit you with additional points for going below $60K 

Personally, I love to see a property that has sat on the market for two years, it means I can probably buy it for a song and have enormous profit potential.

I KNOW I SHOULD pay less, but that siren song of easy, low stress positive cash flow just sounds so good.