I find your background interesting only because you are also a software engineer...as an engineer, you and I know that most of the coders are also board gamers. 

An LOI means nothing.I’m sure LOI’s were originally designed to enable non-legal professionals the ability to negotiate terms in advance of a contract requiring an attorney.

An 80% LTV refi would enable you to pull out 120K. 

Even if you didn't make much, you learned some valuable lessons that will enable you to be successful in the future.

The Measure of Our WorthThe measure of our worth is not what we have done for ourselves;but what we have done for others.There is more to life than personal accumulation, building wealth, and cash flow.Less debt enables you to help others.

That will enable you to identify quality-minded people.

This still enables you to gain access.

Partnering with him enabled me to do the first 4 deals and even though it was more expensive i still made money.

If your why is strong enough, the bumps in the journey are just that, bumps, not mountains that you can’t climb (there’s no mountain you can’t climb, btw).Also, remember that this is a long game. Real

Giving the money ENABLES that guy to stay homeless and he uses that money for crack, not food.It's the same with the food banks.