In reality, there's so much more involved that many owners don't stop to think about:1) Is the contractor properly licensed AND insured?

I'd sure like to borrow his MLS access (if he had it) for easier research though.

.- The signed P&S and the arears cleared up will stop the foreclosure.  

Quote from @Lamier Guzman: @Jake Andronico what do you mean "until I need to borrow money at a 9-15%?

Some of them have converted to flips, but I do not do flips because it is a job (stop flipping, stop earning).  

So % vs % on borrowed funds for investing, trading on margin is much more expensive, WAY higher risk, AND now even MORE loss of control because when these things out of your control happen you have no control for the status of those "assets". 

To borrow against a free and clear portfolio in a creative deal.

We bought a camper and we will be on the road because she is a traveling nurse. our next stop will be somewhere in California.

I cannot specifically think of any issue at all but occasionally we have had complaints about something clearly listed and when we point them to it the complaining usually stops. 

@Adam Newman you will want to confirm this with the bank but you can’t take a loan out to borrow for part of the down payment so you’ll need to provide all the funds yourself or have a gift from someone for that which you don’t have.If you have a gift from someone to bridge the 20%, that would be ideal.