On the other hand, I get big fat goose bumps over a relatively simple $55K purchase, $10K rehab, $90k appraisal, refi most of my money back out and $1050 monthly rent.

Also want to drop 35 pounds this year to hit my ideal weight and under 10 percent body fat.

So I don’t mind the fat being cut out as we are witnessing in our time.

Yeah, they take care of it, for a big fat fee!

Many locals are being "priced out of paradise".Our area of the market seems to be a little different that the rest of the states that I read about...so I'm trying to learn what I can see how that may fit into the Hawaii market.Thank you to all and especially BP for having a vehicle for us to use to help us make better decisions.My apologies...I fat fingered "Newbie" on my heading and can't change it :-).BJ

Sounds like a big old fat DELETE to me.

The pace of tenant turnover will slow along as tenants stick around longer hoping to get a fat check before they move on.

Of all these properties, I’ve seen two in real life before purchasing.Slight difference, he's a wholesaler:1) Has no clue of the mystery true buyer will give him a fat check or not beyond his own say-so.2) Has $0 dollars tied in escrow so no loyalty to the deal, which I think is immoral to make the seller take all the risk in reliance3) Thinks he's screwing over the seller at a low price.

And THAT's the truth of what people think when there looking at these generalities; "oh, which is EASY, which can I do, pay almost no attention to, do next to nothing, and just cash fat checks".....

Lot of my friends did it and it killed their Saturdays for a while but they're fat now on that cashflow!