Is this right because if so I have been spending way too much on enhancements.3 So now that I have a lot of my line of credit used because my appraisals did not come back as I needed them to be what path would you take to get back to paying down the line while still moving forward?

Usually you are only able to get a basic fire policy that has some extra enhancements.2).

There are many different flavors of real estate investing every time you meet someone new you'll discover a new approach to it.

Please consider adding a profile picture as well, it really helps enhance member interaction.P.S.

I don't over think it, just enjoy the enhanced father/son relationship.

@Andy MirzaOur models are similar - at this stage I am not looking to get creative on creating the deal but during the workouts on NPL’s this is where my creativity comes in and I try and be creative so it’s a win for the borrower but also enhance the value of the note significantlyOne way that is easy to do this is on loans where they are significantly behind and started paying again.

You'll see quickly if that enhances your options.

I will take a stab at why the caution, and please let me know if you agree or disagree ... it seems to me that even among the NPNs there are different "flavors", but the main ones that come to mind that I think are pertinent to the discussion are:1) Non-performing 1st with sufficient equity (from the LTV and/or discount you got) such that you can foreclose to recoup your investments plus make a decent return.

@Eric SchaferYour employer 401k is likely locked up in that plan until you leave the company.Self-Directed retirement plans come in several flavors.  

Adapting to the evolving landscape, such as adjusting pricing strategies, enhancing guest experience, and staying updated on local regulations, will be crucial for success in this sector.For more detailed information and insights, you can refer to Shared Economy Tax​​, Safely​, DoorLoop​​, and AirDNA​​.