Hopefully it is a whole life policy and there is some stretch to the policy.

If I'm in the business of lending, the last thing I'd want to do is have to foreclose on a fix/flip that was in process.I'm not suggesting that one can't be successful as a Hard Money or Private Money lender, but to suggest that avenue is a 100% passive and risk free way to 10 to 15% returns is a bit of a stretch.

I knew it was chancy, but had little to lose by trying as resigning the ceiling struture of a room I inhabit is a difficult stretch now.

Joel,I am by no stretch a financial guru but I pulled the FDIC statement they filed about 3 weeks ago.

Unemployment dropped consistently over the next 7 years.So, there is a 7 year stretch (about 8% of your time frame) that goes against your theory.You conveniently ignored that period...

That stretches into 3 weeks and by then, the new tenants are in place.

Stretch goal is to eliminate need for private money also and just self-fund.

Would have made money at $10k but I would have had to stretch my client screening standards to get it rented.

Sometimes we look in the mirror and see things much differently than what the reality is......Example:I have a friend who feels that he is very passive, yet I always see him stretching himself very thin financially and emotionally?

That is stretching out your portfolio for sure.