Fortunately have been sought out by other local folk, but could do better.

I was fortunate to find one of these guys nearly 30 years ago when I built my first house.

For example, they had galvanized steel pipes; over the years I was always replacing old plumbing, piece by piece, and it cost a fortune. 

We were fortunate enough to be in real estate and see how the market was warming up here, for rentals AND sales) and we took an educated chance.

Unfortunately, or maybe fortunately due to the housing collapse in the late 2000's, I never got past the "looking into it" phase.

We're fortunate to have some deal flow from other sources that keeps us busy enough. 

Fortunately no one was killed, but rest assured lawsuits against the owner are forthcoming.

But know that I'm not stopping until I've exceeded my goals of being financially free, teaching others to do the same, and driving my BMW M850i (haha).Thank you for tuning in, until next time,Phillip Moreland, Filmore Holdings LLC

Yep - I started buying houses for under $5,000 - therein was my wake-up call - my street seminar - the school of "hard-knocks -- guess what - I survived and made some serious profits from junk real estate in Baltimore.Looking back on all those cheap houses, I guess I was fortunate to have very little knowledge and even less money - I had no choice but to learn the creative aspects of investing - I used credit cards, I did subject-to's, delayed settlements, financing companies, tax sales and foreclosures -- I was forced to learn how to fix these dirty dogs - I would get on roofs with Jack-Legs to learn how to do them myself, hanging dry wall, the art of mud, electrical and carpentry ----- WOW was I ever lucky to be unemployed with no money and a force that pushed me to achieve cash flow or equity.

Fortunately, the property is in North Carolina and not here in California where things are exponentially more expensive and complicated.