You should know better.Let me again show you exactly what DMM is and how it traps you into bankruptcy especially for beginners.Orange line is your potential profits,  and the blue line is the potential Cost/deal.Unless you are sending 10,000 mailers, you are gambling and you know what they say about gambling.

A POA usually states that the attorney-in-fact can do all things to facilitate a sale, that could open the door to act with another party to load fraudulent fees or charges, make repairs, collect rents to be conveyed.....whatever....Based on his justification for the reason for a POA (being BS) that just isn't a matter in truth, I suggest you listen to your attorney.Tell the guy your attorney will draft the POA and that both of you can go to his office to explain what you both want to do, you could take his POA as well.

Very inspiring thread. and to me the theme is the money is made buying low value add sell high.. and or the dreaded APPRECIATION .. who ever coined APPRECIATION is gambling needs to read this thread.. 

Possible downsides include putting all of our initial investment into a single property, we might not be able to find a property in our price-range, and taking a bit of a gamble on occupancy.2.

New Englands economy is extremely diversified, which means it has and will likely continue to fair better in a recession as opposed to other regions that focus exclusively on gambling or tourism or manufacturing.

Pre-con is speculation (gambling), condos have strata / condo corp to deal with and limit your ability to add value.

Just like gambling in a casino, you may lose several times and on one lucky day you win 5 or 10 times and walk away a big winner.

Until Florida is able to legislate regulation on the fraudulent insurance claims that are rampant here right now, you're likely to see minimal annual increases.

Legalizing weed or gambling or other sin tax industries can raise money, but it also costs money and affects your community.

Timing is everything but it's also a gamble.