I know what kind of crap you have to endure owning those properties and what kind of headaches they have.The low price pulls people in but many times it's not what they thought it was.

And I am already enduring quite a bit of delay.... 

For institutional loan understandings, this might break the ice for new folks.http://www.freddiemac.com/singlefamily/underwrite/You should never suffer from insomnia again. :)You're right Dion, you'll never find a high quality SF note on a residence (unless I did it, LOL) I'll explain builders carry backs if you like, set up the system with one of the largest builders carrying the note, hint, they don't carry for long, first pledged for th next deal, then sold with seasoning, it cheaper money for them than construction end loan, buyer's conventional lending."

@Robert Taylor If it gives you any solace, our property tax rate is comparable to what you endure in Milwaukee, and our property prices are 2-3 times what you find on the western shore of Lake Michigan {@Dawn Anastasi has been subjected to my grousing about this before}... yet your rents are 75% of what we can expect for a similar offering.

I will not increase the rents on the current tenants if they decide to stay and endure the renovations for a period of at least 1 year.

Another is to solve your insomnia by reading or skimming through the Dodd-Frank and the SAFE Act.However, here's the rub. we have folks here giving links to these sites and most information is simply misinterpreted as the information pertains to registered lenders or a bank or RLMO, not the average Joe doing a deal.So you have to be very careful in trying to read regulatory guidelines and know where you are in the subject matter.It might be better if you just stick with the news networks, but even they get things wrong or make improper implications.

It requires courage, patience, and endurance.

Study hard and hope you endure a little luck on your way.

Then I will imagine myself having the joy and satisfaction of enduring trials and persisting even when the obstacles were too high to jump over."

Having been through the 16 - 19% rates of the early 1980s, I know the current environment of low rates may not endure ... if it does, we have larger issues around stagnation.