I have an individual interested in applying for a vacant townhome I own, but is asking whether or not a bankruptcy filing will be an automatic 'no' for the application.

No commercial lenders will talk to you at the $20K level (about $50-60K would be the bottom end), but private money and some hard money lenders might be an option.Flipping of houses is considered a business and is therefore not entirely tax-sheltered in the IRA. 

My point here is don't find reasons NOT to be an investor find ways to be an investor if when I bought my 1st place if I'd continued to buy at my current pace I'd have 400 units and a staff and a real business.

I’d also love to chat with any house flipping investors (or any investors really) in the Atlanta area as that will be where I am living/working.I’d love to chat through this app, or perhaps even buy you a cup of coffee as soon as I’m back in the Atlanta area!

.#2 Every Wednesday morning I am at coffee and would be happy to discuss with you what I have done and am currently doing with my $50k in savings. 

You will also want to check into how long they’ve been using the driveway as there could be an issue of adverse possession (just google adverse possession if you’re not familiar with the term).

This could be an amazing deal or a terrible deal depending on other factors.Who is estimating the remaining construction costs to be $120k?

That's how you learn the business.The conventional wisdom is that to be an expert in *anything*, you need to put in 10,000 hours in that field. 

I’d love to meet for coffee and talk more.

When I'm back in the states, do you mind if I look you up and we grab a cup of coffee?