I have mine raised right now. 

A little side note: A while back I seen a spreadsheet of Beverly Hills California mineral rights holders, a surprising amount of them live in Texas.It was for actively producing wells of Black Gold--Texas "T", and the checks are for a LOT more then $150 a month.https://www.youtube.com/watch?

Usually low inflation is good for stability but wages never keep pace with higher inflation and costs are rising quickly, e.g. gas and food, so, with household income remaining steady, late payments will rise, putting notes in jeopardy.In these times, cash and junk silver are safe, all else are speculative, including gold and real estate.

I could not travel to the US for the covid thing until April of this year, to make a long story short I could not keep up with the mortgage payments and I decided to rent the Apartment, a friend of mine recommended her cousin that is a RE broker in Florida, at first she worked fast and got me a tenant fairly quick.

A client of mine bought one.

Hey Sean,Nice due diligence list, I may need to go back and take a peek at mines which is more basic since I have only been in the 2-4 family space so far.

I'm not even sure the bank would talk to me in this instance -- the debt is still not mine.

Next on payment, I think your missing the value in a tenant who is willing to work above and beyond there ability to assure rents are paid, that's solid gold.

If you, or someone else (this needs to be the same person every day),  won't have the time every day to "babysit" the rehab, if you don't have extensive experience in rehab, if you don't have a large cash savings that will be tapped during rehab process (at the least enough to cover the holding costs...and then some)...remember, there will be no income coming in during the very long rehab process, I would avoid any long term involvement that is based on a vision of gold. 

I know I am a bit late, but I wanted to share the highlights of 2021.I started my Real Estate journey late 2019, a friend of mine encouraged me to get into Real Estate and I spent the rest of the year reading a bunch of books.