You need to look outside Georgia.With the housing market at an oll time low but with signs of recovering, you may want to take advantage of hard money availability now because, whether you rent or flip, the high interest could well be offset by an increase in property values.

We ARE investing in SoCal, with moderate cash-flow and the potential for appreciation when the economy recovers.

As a Service Disabled Veteran myself (just recovering from my third knee surgery), I certainly realize how difficult it can be to get around at times.

As the Bank they have an obligation to recover as much of their loss as possible.

It took six months for my business to recover due to the drawn out circumstances.

As the wrecking company will then apply to the County or State, to put a lien on the mobile home, and the wrecking company can them obtain title, and then sell it to recover their hauling (towing) costs (and maybe much more!

I hope it recovers and quickly.  

They don't lower their fees when they get a better deal on the phone system or the price of gas takes a dip.Now stuff directly related to marketing my property or to facilitate my purchase of a property I feel those are justified but the other stuff is cost of doing business and while they need to recover those costs it doesn't add value to me and I don't want to pay more for the service.If I go $10K over budget on a flip I don't up my ARV to compensate if the market hasn't gone up, unless I don't want to sell the place.If my expenses on a rental goes up $100/month I don't raise my rents, unless they are below market, unless I want the residents to move out and have a hard time getting new ones.Generally consumers aren't interested in paying more for things with no new value regardless of what the sellers cost structure is.

I was recovering from surgery and bed bound.

Determine the cash on cash return, or how much of my downpayment I earn back in a year.Yearly Income / My down payment = Amount of downpayment recovered yearly. $1,800 /  ($14,000  + $7,500) = 8% of the down payment and initial repairs recovered each yearly.