VERY difficult to cashflow on Class A properties with mortgage rates where they are.This pushes many investors into buying lower Class properties they don't understand and thus get burned on.

But it's difficult and time consuming, and despite David Greene's book, I do think it's difficult for a brand new investor to BRRRR in Ohio or Alabama from California =)

I know people say that, and it is ideal, but it is difficult, especially in growing markets.

Very difficult to cashflow in phoenix metro unless you have some niche or large down payment.

I think the only asset I could hope to go after is the home, and since it's a primary residence, it's probably very difficult to go after.

It is going to be difficult for them to agree if they see that the foreclosure will pay Fannie Mae and themselves.How much is the UCC lien?

From CSLB:This section defines what an owner-builder is and the laws surrounding the practice.An owner-builder is what the term indicates: a person owns the property and acts as their own general contractor on the job, and either does the work themselves or has employees (or subcontractors) working on the project.The work site must be their principal place of residence that they have occupied for 12 months prior to completion of the work.The homeowner cannot construct and then sell more than two structures during any three-year period.Getting a GC license and going Legit is pretty difficult.

First of all Yardi is not difficult.

It will be difficult but not impossible to find a lender that will take second position and very likely the first lien holder will be apprehensive to a subordination agreement..The terms will not be as favorable likely in the 7-8%'s I/O but on a new mortgage there are investors that theoretically can finance 'unlimited' units..I think with our team it's 250+ up to $100M.

Ideally what I want to do with multi-family units.Also, was there anything that made it difficult to get bids or was it more of a tedious process?