Sued by insurance company after a guy whose house I rented put in a fraudulent claim to his insurance after I cleaned up his property.

(going to sign a lease Tuesday)We only advertised on Facebook (because I was peeved at Zillow's new fee structure and CL is fraught with fraudulent ads).

I have no use for this property and its a bit of a gamble in terms of zoning so I want to invest as little as possible, I just like the rezoneing process as its alot of fun dealing will all the crap that comes up so if I get my zoning Ill make a killing, if I dont Ill just donate the property to my church as I have no use for it.

They want to reduce cash out purchases under fraudulent circumstances.I'd just suggest close the transaction and then close with the lender with your note and deed of trust, If the construction lender needs title coverage, ask the title company to run it off the same commitment.

I squandered my cash in the stock market (to the tune of 250k…) but I've stopped gambling in stocks, and now have a bit built up in my war chest for real estate investing and money from my 401k available for investing.

You'd like a cash-flowing property in an appreciating area or a property where you can force appreciation, but banking on organic appreciation is akin to gambling.

If the market isn't right for selling, hold onto it and keep collecting checks until it recovers.If you buy for appreciation, it's a true gamble.

You can buy for capital appreciation(which is a gamble), buy for cash flow, buy a REIT and play real estate like the stock market.  

The borrowers had no skin in the game and many ended up being crooks and setting up fraudulent deals.

So now, at this point, you are pretty much gambling on your flip if you use anything else except SW.