I mean, real action-takers.  99% of people in this world (I have 41 years of life experience) are completely and utterly flaky. 

makes a super point of buying in an area that is utterly stable great tenant base 1% or less vacancy factor..

@Ann HowellLet me start by thanking you for sharing your experience in the forum.....It is indeed a learning point to us all in this community.I attended the webiner for the Birmingham TK in which Marverick promised heaven and earth, guaranteeing investment outcomes as if the had a crystal ball, Well, I felt it was oversold and probably over marketed...just like any other 'shows' they put up for other locations, including phillaldephia.By the way, Marverick is just  a marketer and does not own any property anywhere.......Although extra due diligence may have saved the day, but I do not utterly blame you for not extending due diligence to the seller; after all, Marverick guaranteed them...but needless to say, guarantee is as good as the guarantor, and from this story, am not sure Marverick has much of it.I am happy you finally got an investment property although as a much higher and painful cost.Of greater concern to me, really, is the place of law in seeking redress here: 1. if forged documents were used to close on this property, are there no legal implications? 

I myself actually paid $10k about 5 years ago to join a Guru/Mastermind and it was an utter waste of money and time. 

But the equation applied to the $200k home would go as follows [according to my utter lack of understanding]:$200,000 - 20% = $160,000 - $50,000 loan = $110,000???

So your comment on many factors adds nothing other than a declaration of the utterly self evident. 

But doing it cheaply depends on the old wiring being utterly under standard!

Either way excel and hand writing stuff is utterly painful to even think about.

If your retirement utterly depends on having adequate cash flow from your properties, any downturns will cripple you.

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