The blowup doll sits in the corner looking defeated as well.

I got about 1.2M sitting and would really like to put it to work, I only own 1 SFR in Staten Island.

Many condos are falling apart but they sit on millions in urban acreage. 

Any other expenses are using up funds that would otherwise be sitting in your checking account to make a mortgage payment with.

You missed an important item: Depending on how a person does #1 or #2, it could get them: A fast-pass to the "Principles Office" for "bullying" and now there sitting in "detention".... 

It was actually his idea that I worked for him.Sometimes it's better to just do what your gut tells you at that moment rather than to sit and think. 

You are correct, local banks would go in and sit with them and go through rates and financing and understanding the payment.

But I look at it this way, let's say I answer someone's question in Columbus OH and it sits out there for a while and gets read by someone in New Jersey or California and it helps that person. 

Ideally, you sit back on all assets levered at 20-40% and real estate possibly up to 60%, ideally not north of 40%.

Staying informed about local policies is critical.Opportunities to LeverageLess Competition: Many investors are sitting on the sidelines right now due to fear or uncertainty.