The market volatility has been picking up, uncertainty on the political arena is concerning, plus the fact that the housing market in Phoenix has gone up to pre-recession levels.

We could have a downturn between then and now, which would force interest rates to drop back to today's level or lower.

Some of the people I deal with are very confrontational, others we have a drink and write checks to make the numbers work out regardless of the paper work.I'd say if there is a good level of trust why doesn't the borrower just pay you for Y note from the proceeds of the sale without anything extra on the payoff demand. 

Sign the contract ...Make sure to schedule recurring bi-weekly meetings with the newly selected PM to level-set and discuss open issues.For a duplex, this might be overkill, but the process at this time is really the most important. 

My fiancée and I had bought a 1 owner, 1960's ranch fixer-upper to live in while renovating (with our 2 kids) 3 years ago.

This is one level to achieving residual income without being bound to job.

One lesson learned was that with a floor like that, even after trying to even it all out, it wasn't perfectly smooth and level, so the decision to use soft and floppy vinyl planking was a mistake.

You can really target just that market, likely to move, renters, income level, age, networth, etc. 

Hi everyone,I have a very high level question for a project I'm doing.Does anyone have sources or know where I can find information on how big is the commercial/investment real estate market in the US versus people simply buying as homeowners?

@Micaiah Cormier , Fortunately, if cap gain was your concern, flipping income is an ordinary income taxed or ordinary income tax rate both at state and federal level.