That said, your comment is appreciated because I think everyone should approach every mastermind, every seminar, every workshop, every program, and every supposed "guru," with a very healthy dose of cynicism.

After 35 years I’ve developed a healthy respect for this business from the school of hard knocks.The day I’ve discovered this business is easy or simple will be a good day to retire.

Which leads me to my final point, but not numbered.If I was you, I'd sell this property and 1031 into a non-HOA property that is attractive to own and fits #3 profile-- 1.25 DSCR + healthy reserves.

If you told me that one of my syndications went bust tomorrow, and I am out $50K and there is nothing I could do, I would honestly be upset about it for two days, smile, and go back to immersing in Mandarin.Here's why.Its all about the time, energy, and stress put into the investment to begin with.

I am eager to learn the in's and out's of Charlotte residential real estate market as well as gain some experience flipping houses while turning a healthy profit for myself and investors. 

When they got back to TX, friends asked how it was, was it worth it, holly cow that was so much $ they spent and "Betty-Jean" says with a smile ear-2-ear "it was everything I had hoped it would be.....

They charge $500 a month plus a $350 set-up fee plus whatever you spend with Google or Bing to run the ads.DIRECT MAILIf you have a pretty healthy budget to spend, then direct mail might be a good choice for you.

How many are undocumented I dont know.. but I can tell you all of our labor trades are the nicest guys work with smile and will do any little task my wife and I may ask of them.

You do run a "risk" of being outbid at REO sale and "losing" the property, but given that may happen, the "total debt" is your security as you may bid up to that amount where it makes sense, but you may also be able to cash out for a healthy profit at sale if you so choose.

He fell into a diabetic coma and passed he was not at all healthy so I was not surprised.