I've found myself more focused, and have come to the realization that while, the vast world of REI and improvement podcasts is a great way to find out what is possible, it does not work well for me to help drill down and take action, especially when this is an industry that literally everything could work.I'm excited to take this new "era" to BP con and use that as another launching point going into the Q4 and Q1, and ensuring I'm saying NO more than I'm saying yes.  

Plus to realize that appreciation it costs you money to sell, refinance, and potentially pay taxes on the gain. 

@Jared Smith I didn't even realize all the other comments were 9 years ago until your most recent comment, really cool to hear what ended up happening.

That's a low-return improvement, compared to say new bathrooms/kitchens.IMHO, if you expect to increase your net through rental and market appreciation, consider the length of time it will take to realize that goal—many years. 

Confidence.Real estate confidence can come from networking with other real estate investors at meetups and realizing that most investors aren't on social media.

I realize now that I should have 1) signed a contract with the company with expected dates and payments as things got done and 2) figured out beforehand if this company is even competent.

Quote from @Bryan Maddex: When you have access to enough DSCR lenders you realize that there are DSCR loans for every occasion!

It wasn't until then that I realized that I purchased a junior tax lien. 

If the answer is yes to both questions, I can almost guarantee the 20-25% equity your appraisals suggest you created will never be realized and is merely paper equity.

It all passed by but for a moment it just made me realize that you are really reliant on the government for your $.