Hey BP Family,These are great articles on securing and closing on good deals in every housing market USA and abroad.http://www.biggerpockets.com/renewsblog/2013/07/02/fat-check-in-real-estate-investing/?

Before now I've always been under the notion of actually needing to have fat pockets and godly credit (neither of which I have) in order to make a move.

Usually, in my experience, pigs get fat and hogs get slaughtered on the matter.

Tall 180 degree non fat peppermint hot chocolate with whip and no mocha drizzle from Starbucks!

Ultimate Goal in REI: Fat nest egg of cash (2M) and passive income from rentals to cover all monthly expenses.P.S.

Rehabbing a house is like peeling an onion or undressing a fat chick.

These eat into your cash flow like a fat kid into a chocolate cake.

They will tell you a time (or range) and then some fat slob smoking a cigar will show up 30 or 40 minutes after that and act like it's no big deal.I predict that after these inspections start, you will all hate them.

One problem with MRE's are their high fat content as they are designed to support the military in a war zone.

That is only 3 weeks per year, so the property is going to have to running very high occupancy in order to meet that 15 day min.Here are some other criteria that lenders will look at when considering a property.Minimum of "x" square feet In proximity to vacation/resort area Separate Kitchen Space, Bathroom and Living Area/Bedroom Kitchen to be equipped for food preparation Voluntary rental poolsFinally, with the real estate market undergoing a bit of an adjustment there likely will be more information available on default or foreclosures in the upcoming year.