When the roof goes bad, the roofer is not going to ask you first how much the place rents for before he gives you the roof bid, so why on Earth would you use that to estimate the expense?!?

Few quick pros and cons off the top of my head, having bought seconds for a few years.Pros: - cheaper to get into (you can get high quality ones for 10-20k)- safety through diversification (you can buy more notes with the same money and spread your risk that way)- generally much higher returns (we've had a lot of notes with 100%+ returns and recently got one with 1,000%+ return)- typically don't have to deal with taxes, HOAs, and as with all notes don't have to deal much with physical propertyCons:- Less inventory available, with rising prices and more competition- Lots of underwater inventory so you often run the risk of a) getting wiped b) having note sit in the drawer for a few years- Have to deal with scum-of-the-earth bankruptcy attorneys- Requires much more interaction with the borrower, since foreclosure is rarely the optimal play- Fixed costs are killer on 2nds (ie 1 foreclosure on a 50k first is a ton cheaper than 5 foreclosures on 5 10k notes, so is servicing etc)There are a ton of pros and cons to both, and both are great.

This does protect you from hurricane and will be able to withstand some deflection on earth movement, but still the fact remains that if something goes wrong on the property, you still need to fix it, and the constant movement of soil -- and even especially on sinkholes doesn't help with the cost and maintenance.

The current earth view looks like all the roofs need work. 

I have a young family and a J-O-B and I want to be able to eventually do what I want to do, when I want to do it with my family so we can enjoy as much of our time together on this Earth as we can. 

Google earth, etc.

Third they mention only office and multifamily and then talk about the New York market which like California is an appreciation driven market.Those places have been inflated in many areas for awhile so no earth shattering revelations there.  

Should I:a) Go scorched earth and tell her to forget it and find another agentb) Find another agent and work with them as wellc) Contact the investor agent and ask if she can politely nudge my agentd) Just be patient and wait it out? 

HML got hot ... as fix and flip was coming into vouge mid 80s and tear down construction... good money if you have a big portfolio  .. we did 50 million by 1987.4. 1989  war  Loma Preta earth quake Northern CA goes into a deep recession... real estate business stalls foreclsore business starts in earnest... rents crash... etc etc. 5.

It's like google earth.