Harry Browne's 'Permanent Portfolio'http://crawlingroad.com/blog/2008/12/22/permanent-portfolio-historical-returns/Performance9.7% Compound Annual Growth Rate (CAGR) since 1972 with -4% as the worst single-year loss in 1981.

If the first appraisal was for the HML, the permanent lender cannot use it.

If they complain that they don't make enough then give them a raise and make it a permanent full time position, 40 hrs a week, where they punch in and out with a time clock and we the people whom they are supposed to be serving can keep them accountable.

If you have real deep pockets of cash you dont mind giving to attorneys and outcome is still in doubt,,,check first as Jon said,, Either you OWN the access,permanent recorded easement exists,,,or run as fast as you can,,,specially if its contested now with access owning owner.Only result of a court case is 1. you stomp the grapes2. end up with the pitts3.

Stories about deals gone wrong, or even better gone smoothly dealing with or being the proud owner of some permanent art would be awesome.

David Gregory has permanently taken Tim's place.

The revolving line might be good to buy with, but I'd then be looking for permanent financing, as the line could be called or the rate could jump.

With securitization, this could be a more permanent venture (much like it is for us small investors). 

It sounds like my goals will change as I continue to down this path as it has for many others but I've been thinking that my first goal will be to have enough cashflow to cover rent (if we decided to stick with apartment life and continue living in the city) or to cover the mortgage of our first permanent residence.I probably won't stop being a software developer but I do enjoy the prospect of having a strong enough cashflow to cover my family's needs if I were ever to be in a situation where I couldn't work anymore.

If you're some kind of real estate genius and know how to time the market so you can sell your properties before a down turn, value-add on each buy to get a permanent YoY return of 20%+, or happen to know how to count cards in blackjack, ignore all my prior advice.