My lawyer advised me that sometimes it's better to offer "blood money" just to get them the hell out of there. 

I trend my progress and it makes my blood boil if I'm way off track.

I think blood is running in the streets homes for prospective buyers are selling for historically low prices.So, I have two questions for you:1.Will you preserve your principal (the money that you’re putting in?)

My flesh and blood.

As they say, the best time to buy "is when the blood is running in the streets"

Some of these bills are monthly, others are quarterly; but, it can go quite a while longer before you, as the owner, know there has been a delinquency of payments when the bills are sent directly to the tenant and it is their legal duty, as per the lease, to pay.We have already discussed throughout Bigger Pockets how difficult it is to get blood (money) from the stone that is a deadbeat tenant, even with a judicial judgment against them.

Here in the good ole' USA this credit crunch has created a lot of opportunity to make a lot of money.....as they say, "the time to make money, is when the blood is running in the streets" (or something along those lines).

You can't get blood from a turnip - especially in the People's Republic of California.Mike

No, that's the right question...unfortunately, the answer is ZERO and NONE as far as your chances.There are NO non-owner occupant cash out loans (except for hard money) that a lender will not look at your credit and income.And there probably won't ever be again.Best to build up your credit (not that hard if you have none) and find someone to partner with.No credit is better than bad credit, and by finding a partner as co-owner (should be a blood relative), you can buy a home with just 3% down FHA, as an owner occupant.Don't ever, EVER, EVER, pay ALL CASH for a property unless you plan to flip it FAST !!!

My college degree is in architecture so, real estate is in my blood. :)And I strongly believe that without successful and systematized marketing, businesses will have extremely hard time growing in today's world.