In the case where you have a heavily saturated wood floor, what you can try (in addition to everything mentioned above this post) is to build a dam around the problem area with caulk.

That's exactly what I planned to pursue after building a rapport with the group.Now, although I have only been active in REI for technically 4 years but only heavily the past 2.

Navi Veski - ha ha ha ha ha (re: MD taxes) - this is one of the most heavily taxed states per real estate in the good ole Republic.

You can let them hit you in the gut, weigh on you heavily, and cause you to recede so you won't encounter another setback.Or, you can step back, look at the situation unemotionally, and assess what exactly happened.

I'm not saying that the law isn't important; I'm just very heavily anti-overly intrusive government, but I suppose that's a different issue.

As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.Do any of you 'fudge' on these parameters?

However, I do credit my degree in English heavily for my success in real estate as my dad credits his Music degree.

@Kenneth HuddlestonYes, I gather that you are reading heavily but my question is: What sort of ACTIONS are you taking to bring this plan of yours to fruition?

Makes it much easier to get a deal done.The value of the mortgage note and the value of the property you would need to get the mortgage discounted heavily from the payoff amount.

I am very handy and can do a lot of repairs/improvements myself, and I know some good contractors.I am leaning heavily towards investing in a multifamily property in the $500k range.