I've learned so much and implemented 2 big take away: cut expense and build 1 year of financial run way (amount of money I need to cover my expense for 1 year w/o relying on my salary), both allows me to take advantage of opportunities such as buying another property that I can rent out and build wealth and or take on a career opportunities maybe a higher ranking role in a start up that's "risky" since it's not Fortune 500.

Balloons are popular with seller finance so make sure you have enough run way to get the property operating smoothly and enough equity to refi or sell when the balloon hits. low money down is a great way to scale but you have to keep a good handle on your finances other wise you can scale your problems.

so he is really fubared either way on that score. undisclosed principal in a real estate transaction is a no no as well.Joe,, Indy is like any other big mid western rust belt city.. it has its great areas with 500 to multi million dollar homes its regentrifying areas were two chicks and a hammer work.. and we do as well.. then you have solid B class vinyl village 10 year to 20 year old stocksame thing applies here U buy D class hood properties your in trouble unless your a local hands on landlord.Morris advertises and markets D class as solid easy to manage just grateful for a place to live type properties.. he is just a bozo who has no real clue as to what he is talking about in the real estate space.. that's the bottom line.. and to think all these people think he is a genius investor LOLas I like to do I can compare this to aviation u tubes.. there is this pilot in CA.. that was doing  U tubes flying from Auburn CA ( above Sacramento) to Oakland a lot.. he likes to video his instrument approach's etc.. problem is he bust just about all the minimums and one time he landed in Oakland with virtually zero zero and was bragging about it.. on an ILS unless your cat 111 approach if you do not have the runway in sight at 200 feet AGL  which no way he did you could see it on his utube  your to do a go around.. yet he just landed with about 20 feet of vis. problem is you have others who are not pilots or beginners just thinking he is the ace of the base.. 

Upon searching online to find the property taxes to plug into BP Buy&Hold Calc, I found this:Sale Price Date OR Number Type Description Vacant/Improved202,000.00 07/16/2004 4388/400 08 Sales disqualified as a result of examination of the deed Disqualified (Doc Stamps Greater than .70/SP Gr. than $100) I100.00 10/15/2003 4283/428 04 Sales disqualified as a result of examination of the deed Disqualified (Multiple STRAP # - 01,03,04,07) V65,000.00 10/01/1996 2764/631 03 Sales disqualified as a result of examination of the deed Disqualified (Interest Sales / Court Docs / Government) I93,500.00 11/01/1993 2454/318 03 Sales disqualified as a result of examination of the deed Disqualified (Interest Sales / Court Docs / Government)Should we run way from this one?

Basically you get permission from the faa to build your own runway which can be a grass strip even and sell properties along that.

We also have had a longer runway to build out a product that is robust for a smooth experience while having a large enough support team around you to ensure you are quickly helped. 

I probably have about $200k to allocate to additional deals if I have no other income coming in, which gives me runway for another 2-4 deals at 25% down + rehab costs.

This can work out if you have the run way and the market picks back up, however if you don't have the run way you are in a bad position. 

I can help but think you'll have a long, long, loooooong runway to see which cities are going to make the "finals list" and everything else.

Obviously I need to generate some income soon to make that viable but the combination wife's income, frugal lifestyle, savings and past investments provides a little runway for me to make that happen.GoalTo create passive and active income through prospecting and structuring commercial real estate deals in my local market.