The time I have when I get up until I go to bed has to be strategic, with tasks made simple and all distractions eliminated so I can get everything done.

I want to be strategic with my next move so that I'm not in another precarious position. 

Still some strategizing to do on my part, thanks Wale!

Make it credible, work on SEO, while you work on SEO, start PPC and or facebook ads (AFTER your site is credible) Make money now using a logical system and not gambling.Do it this way, don't want to hear but but but, do it, as this is a logical and strategic way to get deals right now.

Address these problems before renting to reduce maintenance surprises.Renovation Investments: Consider making strategic renovations and upgrades to improve the property's condition and reduce long-term maintenance costs.Professional Property Management: Hiring a professional property management company can help oversee maintenance and repairs, minimizing your involvement.

I just had these questions running my mind while trying to formulate a good partnership agreement for us, and wanted to try at least hearing from others before I finished!

It will be interesting to see if the ones who can afford the payments slog it out for years or opt to do a strategic default.

I'm wondering what, if anything then would prevent said homeowner, who lets say purchased the property for 200k back during the peak knowing now that the FMV is far less, to strategically default with the idea of buying the home back for 50k during redemption, thus unburdening themselves of 200k in debt and owning their home free and clear?

newbie here so please be patient with me :) my business partner and i have been working with a real estate agent who's cdpe cetified and have found some good properties for us. we have been looking for about a month and a half and haven't gotten a property to work on. we have found some potentials and have put in a couple offers at asking price. with those offers, we have gotten beaten out due to owner occupants or other investors who bid a lot higher than asking price. we are looking to make about 15k-20k per property and sticking to that because anything under 15k isn't worth it to us, we would rather wait for a better potential which is possible in my market since we put in 2 offers that would have made at least 15k. we like to have guidelines for purchasing our properties and stick to a game plan. with that being said, do we need to adjust or re-strategize our game plan with this dry/competitive market right now?

I think at this moment, I wouldn't even begin to formulate intelligent enough questions to ask a mentor which would obviously be a waste of a mentor's as well as my own time.