We had a deal that enabled me to stay afloat untill we would have found a another tenant.

Technology has enabled communication with a remote CPA through phone calls, emails, skype etc.

Is it hard to extract value from owning a street?

My strategy is that buying at the bottom AND buying foreclosures at trustee sales or as REOs, I will optimize my purchasing power by getting the lowest prices possible, enabling me to wind up owning let's say 5 rather than 4 rental properties.Does this make sense now or is my thinking still off?

I’d probably move there myself if I could get everyone uprooted.If your friend is buying at $100K to get $1,000 in rents, from one of the many large turnkey operators that are selling to AUS citizens, then I’d pass, as they’ve already extracted most of the value from the deal.

With any luck, either the banks will be successful at jumpstarting the industry to enable it to run on its own, or any collapse will occur slowly.

We broke through the real estate paralysis about a year ago and that has enabled me to leave the 9-5 behind.

I know paying cash upfront allows you to extract that cash on the refi but has anyone done a FinanceRehabRentRefinanceRepeat???

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.