Happy to put you in touch with a handful of them that own/owned thousands of doors in Detroit and picked up shop for Toledo if you'd like to fact check me.They told me that the motivation was two fold:1) Prices in Detroit had gotten too expensive to make their business "work" and Toledo is/was dirt cheap.2) The rental cert regulations in Toledo are particularly lax compared to Detroit and evictions are/were far easier.I have no idea if this is all current as of today, but it was at the time of that writing.

Pile 'em and you'll just suffer the same mistakes four-fold.  

@Rob Fegan so problem with tiny markets is two-fold (as I see it): (1) you have very limited pool of competent property managers who will manage the property for you, and (2) liquidity of the asset is further constrained given that it's a secondary (at best) market, with a very short list of buyers, should you decide to sell this thing at some point down the road.

Any help would be GREATLY APPRECIATED and only God knows who've helped from the greatness of their hearts, HE will grant you ten-folds and abundantly. 75% of American Samoa is out of electricity for however long, people need food and water, especially the hospital with so many injured people who needs supplies and medical attentions.

But TRUST me, while "i" paid for it up front, it has paid itself off ALREADY 10 fold and I am only 27!

In theory any disregarded entity that folds into that tax return would be allowable. 

Is the $14,000 superior position judgement folded into the foreclosure (from a purchasers perspective).  

BTW-anybody notice that the reason that was issued for Lehman folding now was bad COMMERCIAL real estate bets?

My hesitation is two-fold: 1, I fear just royally messing something up with the paperwork, but that's just regular nerves about trying something new for the first time and I'm sure doing my homework would help with that fear. 2, I am wrapping up a master's degree right now and the thought of doing more school is giving me some anxiety.

The benefit here is two-fold: (a) it outlines all functions and components necessary to complete a site-built structure from the ground up; (b) you have a clear template for allocating responsibilities on rehabs.