In Tampa there are so many that are done without permits, and it can mislead a beginner into thinking they are getting a great deal when in reality it can be a big headache and money pit to legalize after the fact. 

I read that some were buying the rights of people who are owed money from Lehman Brothers at 100% on the dollar because they think more is actually going to be returned with the UKs required interest, if there is money left over after they pay all their debts.

Would it make sense to save up money to buy something cash, finance, wait for market to cool down, etc.

Hey, I have a pile of money I would like you to help me spend doesn't always bring out the best people.

I don't have large money to pay off the that lien.

Their rates are extremely high for new investors compared to other hard money lenders, and they include a lot of junk fees. 

I don’t want any money.

There are still some affordable rental properties here in Winnipeg if you were ever interested in keeping your money countryside!

(I bought it 3 years ago)I'm trying to see how long in the future I will need to do another gut renovation, so I can start saving up some money toward it.Things are in pretty good shape.

We still own the condo, we just have tenants in there who are willing to pay the HOA fee and the increased taxes in order to access the slightly better school system up there.Bottom line, someone who just shows up alone and out of the blue, says they make 3x your rent, offer you nothing else when you explain the income verification problem, and object to a month-to-month rental contract or an increased security deposit, well, they're probably lying about how much money they make.