Prospective purchasers who are pound-smart rightfully know that spending their pennies on proper due diligence as soon as practicable can save real money when getting into the real estate game.

Everyone pounds the table saying "find a mentor and hire a lawyer" but why is it this difficult? 

*Strokes beard, gives a hearty laugh and pounds a pint of Guinness* Indeed!

So now I keep it simple and pound nails instead of sand.

However in this particular interest, I was curious see if anyone had any experience with invest foreign capital - I.E. pounds.

An ounce of prevention is worth a pound of cure"

We do take downs and ground fighting from stand up and I am 5 foot 9 and 206 pounds and I am going against guys 6 foot 4 and 290 and let me tell you I am strong but even with proper technique they are a load to get off of me before I can do the stand up.

Sorry for pounding this question over and over.

:)Penny wise & pound foolish IMHO for him not hiring a professional for tax advice.This is not tax advice, just some ideas.Are all the properties he lends on short term flips, or are any long term hold properties?

When the economy cycles down again the low income areas get pounded.