But for now, I'm letting the "gambling" money ride on black.

That said, investing is a personal and private sport, so all investors should analyze their personal situation and see if there is a place for illiquid real estate investments.

These people would be: my cash buyers, realtors (that I'm pursing to get pocket leads), potential money partners, sellers that have told me to call back later, my Rolodex of people I've met...I'd like some good system that does the following:-Person's name with notes about them (kids name, favorite sport..)

Zachary- Supposedly, pickleball is the fastest growing sport in U.S.

Looking for a "sanity check" from the expert community.

Wife and I purchased a home in 2005 for $360k with one of those wonderful 80/20 interest only heloc deals and I am paying about $1300 per month (3.25%) plus tax...

The best developers don't gamble.

I decided that the only explanation is the smaller guy bid and he hoped/gambled I just got one bid, and the winning bid had sunk costs in trucks and crew so it is more about getting every job they bid and making more on guaranteed volume vs fewer jobs but higher net per job. 

I would not take it lightly either .. this is almost setting up for an episode of American greed  :)   is this the episode where we learn he gambled away all the security deposit and used them for lavish trips and lingerie for his wife? 

People travel through here for all kinds of reasons including family events, outdoor sports and visiting national parks. 

Listen to that man, he knows his she-at.Anyway, just wanted to chime in and say that the sub2 thing is taught as a way to do deals when you don't have money, and its possible to do things that way, but its a gamble and one you're taking with someone else's credit.