if your employer matched 100% of what you deposit, didn't you just forgo 108% return (i.e. mutual funds to make 8% and doubling your deposits with match?)

I just bought my primary residence free and clear, I got a big discount about 25% for going that route.The refinance process has been pretty difficult.

Three of them have been in the houses for going on four years.The price is pretty good and the annual income is right at 30,000.The houses are in good shape my problem is I am new at this and not really set up for having rentals yet.But its just hard to pass it up so any advice would be great.

Some of their other songs include:-I Fought the Law -Rock the CasbahIn your case, let's make it Rock the Carlsbad (town north of San Diego) and I Fought the Creditors (and John Won).I really like the advice given above.

One is how much you have invested in the property and if you would forgo the expense to rebuild the property if it. 

While you may forgo appreciation, the early cash flow will be higher and that may allow you to scale your portfolio faster.  

Some buyer bought it off the auction but couldn't then come up with remaining cash and had to forgo.

Overall, the deal seems pretty tight but maybe I misread something.We are forgoing the cash flows to use the rent being paid to offset the carry costs after refinance.

I know what the Federal regs are, but California is notorious for going above and beyond in terms of their requirements so I'd caution you to call around and do some research.  

You probably don’t have mechanics lien rights depending on the exact wording of CA state statutes, here you wouldn’t.As for going forward, hopefully the heirs will proceed with probate and you can get them to honor your agreement.BTW, if you don’t screw up once in a while it just means you aren’t doing anything.....carry on.