Note to self:  never rent your newly renovated family home to tenants...it's too much of a risk and too heart-breaking. 

& later our children.....and still learning new ways to work through things together; how to build up our marriage with love and honor and respect for my husband; also still learning how important it is to remember that we're on the same ship, together — often in deep, scary seas, and remember that he's my husband, not my child or brother and how, too often, I feel that I know what's best, and too often I try to force my opinion, or my wants, but also how in the end, I'm not always right and my way is not always best (or even all that often even all that good, when I really step back & open my heart & swallow my pride -- even when it felt so strongly that way before the arguments that I caused.  

$100k neighborhoods in Baltimore aren't for beginners or light of heart.

I can assure you, despite pulling on the LP's heart strings, those sponsors did not care about finding a solution it was just used as means of raising capital.

Best wishes Thanks Dan,Living of refi's is risky business IMO and something I would personally never do.I also know of many investors in "your market" getting over leveraged and hoping for appreciation, only to loose everything.And others that own and manage in Detroit for example that make a fortune.Yep, they bang on doors in the heart of D class area's and collect rents in cash.No appreciation, no rent increases and a strict cashflow play.Seems to work well for them.Each to their own I guess.Much success

Not for the faint of heart or the shallow of wallet. 

Running a business is not for the faint-hearted.

The friend went to dinner, had some drinks at dinner, then on his way back home and to drop the car off T-boned another vehicle killing a few of the passengers inside and paralyzing another.

My tenant/buyers were entrepreneurs at heart.

Purchase price: $99,000 Cash invested: $350,000 This is a fantastic multi family opportunity I sold my main contractor that came with stamped and approving plans and permits to build a new construction triplex in the heart of Temple.