So here's the story.  I'm asking for good friend who for some reason doesn't and wouldn't join biggerpockets after we were talking about how great REI is. He was asking me what I would do.  His father bought a multifa...

Voted the #1 city to live in by US News for the third year in a row, the employment growth and consistent appreciation we see in Austin seems into the price point.

The important part is that you learned your lesson and took care of it!

This would also probably have you "tied up" in the current project and unable to move on any "great deal" that may come along during that project.2) You can leverage capital (using Hard Money) and relinquish control of the project management to a third party.

There's almost always some unspoken understanding by one party but not the other.

Best part is they are free!

Or is it a second or third mortgage. 

.- The Sales Contract has an inspection date that expired and is still pitching it - There is not a paper trail of proper disclosure to all the parties involved regarding the wholesale fee, state disclosures, lead disclosures, etc.- There isn't verbiage regarding assignable of contract  - Sales Contract has the wrong Seller's name- Sales Contract is a copy from a local Realtor Board that has the Seller as the Brokerage name- The written offer dollar amount and the numerical dollar amount are different- Sales Contact has one out of the two Seller(s) on the contractI think I'll stop there...anyone else?

This part is absolutely crucial if you are wanting to invest out of state. 

POP.The great part is, all the players get to do it all over again.