I'd LOVE to do a fix and flip with him before he puts down the hammer for good.  

Many investors that bought PHX in 04 to 05 had their 4 plexs completely vacant in 2009 .. nothing can help that if you have no cash flow you have no cash flow.. those properties in the peak sold at 350k for a 4 plex.. they went down to 80k.... and have bounced back to somewhere in the middle now that renters came back.3. multi family got hammered in Vegas... some stellar wipe outs there.. think about all the folks that talk about repositioning multis on BP right now.. someone lost on those and the new folks are picking up the pieces. 4.

That is if the bank, lawyers, and property managers don't hammer them with fees.

It is a tool like a hammer is a tool, you could use it to build a house or whack yourself in the thumb, and if you whack yourself in the thumb it doesn't mean that hammers are evil.

Hello Jay,ut a license.. some states track this and will hammer them  some just don't do anything.. depends on where your at.. 

If it was only legal to clobber them in the head with a sledge hammer?

when i see this stuff.. my thought is you have to determine what your fico is worth to you.if you already have a primary home your cars are secured and you don't need to borrow any money then thats an option becasue either way you go its going to hammer your fico for a few years..

However, many of us are much better with a spreadsheet than a hammer and if I even tried to fix things myself it would be an unmitigated disaster.

Feels better having more than just a hammer in my tool belt.

I don't want to swing a hammer unless its to defend myself.