Termites don't eat metal and you cant pull a house with it so isn't that a better more solid construction than a wood subframe set on the foundation?

If I want to eat healthier, I assign more points to the positive habit I want to focus on, but also reward myself for NOT doing that bad habit.

It's pretty common to obtain 100% financing for both the purchase and rehab funds after you've been doing this for a while.Borrowing, of course, is a two-edged sword because your interest payments, especially for a hard money loan, can eat 1/4 to 1/3 of your profit.

As my Dad always said, 'There is no eating ice cream in hell- get outta there...

@Austin Berlick,There are essentially two ways to outsource the grunt work of “landlording”—unfortunately, both will eat into your margins.The first is to hire a professional property management company—this will cost you between 5% and 15% of rents, plus surcharges for out-of-scope services.

However, since its the attorneys that order Title for their client, the attorney has to eat the cost of Title's work if the deal doesn't close.Similarly, I try to manage client transactions to minimize exposure to costs. 

Also know that turns are costly and will eat into your profits like an alligator.

Unless your mechanically handy your maintenance costs will eat you up.  

Meaning me and my partner  would have to eat that loss and come out of pocket to augment the rent to pay the full mortgage for at least a decade or so .

Actually, in this hypothetical case, you'd be better off eating the $19k lien, tax lien, or whatever it is, 25 years of daily dog walking sucks!