I wasn't even going to respond to this, so I encourage you to read and reread this little response and let it sink in.  

(you can tell when I start out my post with a Rodney King quote lol) I re read my post and it came off sounding cocky...

I'm currently reading my notations from Think and Grow Rich - I finished reading it a while back and wanted to reread the good parts.  

PS: I re-read my earlier comments in this thread and still have the same view.

If you could please reread the thread more carefully, you will see that I actually supported your suggestion on the police car.

I think this strategy of yours is about tochange after you read and re-read some of the incredible feedback received here from @Omar Khan @Mike Dymski @Jay Hinrichs @Ian Ippolito    and many others :) Bottom line for you is: to digest all of this, do your own homework on different asset classes and syndicators, strategies,etc to align with your long term plans.

In rereading the posts even though it strikes a nerve with me as a owner I would have to say it is no different then inexperienced under funded wholesalers trying to do a deal versus an experienced well funded one.

Even as I reread it I am confused.With your experience you are well aware that risk tolerance is determined by the individual and is a very personal matter.

@Hae-Yuan ChangIn reading @Pyrrha Riversresponse above, and re-reading my own, I see how I might have come across as a little callous - I was solely looking at the property through the lens of an investment and not as your home ... my wife refers to my tendency towards an über-rational view in such situations as "having the empathy of a stone".Thank-you, Pyrrha for refocusing a human lens on the discussion.Based upon your description, I still suspect there are numerous code and by-law violations which could come into play here if events - such as a transfer of ownership - brought the house to the attention of authorities.   

It turns out that it is a prison but they just haven't locked us in yet.I'm off to re read all the "Chicken Soup for the Soul" books, then some Jim Rohn and try to get my mojo back.Thanks again and any other thoughts are appreciated.