Bottom line:  for anyone in the know at all  the MOrris pitch was pure fantasy and feel good none of it was true.. its was all just a big web of lies spun by professional actors.. 

Originally posted by @Candi Peterson:@Evan Polaski what if you are unable to do the construction work yourself...any recommendations on saving on rehab costs?

Course by then you will only be taking on BIG time players, like holy wood actors and such. 

For purposes of this chapter, capitalized terms have the meaning set forth in the Residential Landlord and Tenant Act.B.A Landlord may terminate a Rental Agreement without a cause specified in the Act only by delivering a written notice of termination (the "Termination Notice") to the Tenant of (a) not less than 90 days before the termination date designated in that notice as calculated under the Act; or (b) the time period designated in the Rental Agreement, whichever is longer.Within 14 days after a Tenant receives the Termination Notice, a Landlord shall pay to the Tenant, as relocation assistance, a payment ("Relocation Assistance") in the amount that follows: $2,900 for a studio or single room occupancy ("SRO") dwelling unit, $3,300 for a one-bedroom dwelling unit, $4,200 for a two-bedroom dwelling unit and $4,500 for a three-bedroom or larger dwelling unit.This requirement does not apply to Rental Agreements for week-to-week tenancies or to Tenants that occupy the same Dwelling Unit as the Landlord.C.A Landlord may not increase a Tenant's Rent or Associated Housing Costs by 5 percent or more over a 12 month period unless the Landlord gives notice in writing (the "Increase Notice") to each affected Tenant: (a) at least 90 days prior to the effective date of the rent increase; or (b) the time period designated in the Rental Agreement, whichever is longer.

:idea: Join this group http://www.biggerpockets.com/groups/198and friend request or email the following are some of the ones that come to my mind the quickest as they have helped me more than they will Know by not letting me get in over my head on Eye Candy deals that aren't deals for beginners as i am.I d check with Jim Johnson and Rich Weese, Dale Osborn, Charles Perkins, Uwe S., :lol:

Was trying to be an actor.  

Check out this article about one guy found success doing that in another city -https://www.yahoo.com/travel/how-this-guy-made-200k-on-airbnb-121557429807.htmlPerhaps that could help you in your pursuits and evaluate if airbnb is the way to goThe actor turned investor even offers a video course called Airbnb secrets

I can't put  a price on it, but I'm done with the sinking feeling that comes every time my son asks me to play baseball or Candy Land but I can't because I'm on the phone or on the way out the door at 7 in the evening.

There are plenty of good books out there that with your help can be very beneficial to your kids.I have started my kids at age 8 with books like "How the economy grows and why it crashes", The Uncle Eric series (Whatever happened to penny candy, the money mysteries, etc.) and now at age 9 we are reading Rich dad poor Dad.

My interpretation is that people going into bankruptcy in 2004-2005 (run up to 2005 peak) were right back in the housing market 7 years later (in 2011-2012) like a kid in a candy shop -- ready to buy and speculate on everything they could again.