Cheapest house I've bought is $182K, so it can't be the commissions are not fat enough.

A few of them had no way of paying me anyway until they received their fat checks from the government so what you're saying makes no sense.If you have to charge a late fee to keep your business afloat or to teach your tenants a lesson I think you're in a crappy business.

We found a belly in a 120 foot segment of the plumbing (60 feet fo the 120 from the house to the city).

These deals will be the first to go belly up as the recession sinks in.

This developer going belly-up wasn't due to the coronavirus pandemic, it seems like they have been living in a glass house just waiting for something to shatter it, and this was the catalyst. 

He is a bit fat and sweet and eats everything he can, but when it's time for the claws you had better steer clear and fast.

If the houses are collateral and the new development goes belly up, you're either going to have to write a $120k check to cover the DP or lose the rentals.

@Jayson BellI think self-directed IRA's are a great way to diversify your investment portfolio.

For your entertainment, the first deal structure600,0005% down 30k, 2k for 36 mths=72k, balloon payment of 540,000 in year 372k=5% 30k towards 10% downpayment with the remaining 42K as financing fee to seller for holding the note for 3yrsyes I know it looks like a drawing with fat crayons by a 2 year old/unfortunately you don't know what you don't know!!

Especially if we see companies going belly up because of this virus scare.