They can be cash cows.

The key is they have to be cash cows have to make them up.

Thanks for the welcome guys, and I'll definitely take your advice on digesting blogs and asking questions Carlton Kohler.First question, how do you mention someone in a blog post?

@Scott Sutherland- Thanks for distilling the information (your post was much easier to digest than the House Bill language that was forwarded by VRBO) and for your perspective on this.

(See SB 892, statutes of 1991, Legislative Counsel Digest.)Requiring property owners to obtain a judgment in order to unmask a UD proceeding only serves to promote more delays and frivolous claims.

Hello BiggerPockets community,I'm new to real estate investing and looking to digest as much information as feasibly possible.  

So either they don't understand how foreclosure law works, or they hope that you don't.The HOA, their management, and attorney's operate in an environment with little oversight, and have discovered a cash cow being wholesales and rehabbers.

I'll probably have to try it out for a few years and give them a reader's digest.

Holy cow!

If you start this at age 30, that means you will start having rental properties become free and clear, and thus REAL cash cows, while still in your 40s!