I am now closing on this deal with a new buyer and I have faced this roadblock in clearing the title.

When that happens, find a lawyer and a CPA familiar with that world and let them help you navigate the waters.As a strategy, high leverage can be a good thing when you are starting out, but once you reach critical mass, it becomes an albatross around your neck.If your planning shows you need the income from 40 sfh rentals to support you through retirement you want those paid for as soon as possible after purchase.With each paid for house you do two things, you improve your financial strength going into any future deal and you reduce the real risk you face when things don't go as planned.A couple of years ago, we had the start of a major real estate correction.

Bare in mind, Auction.com makes no fees if you purchase at auction so they may be trying to drive sales from their site.

@Dominika M In all my past business partnerships - whether project based or longer term - I've had to go and meet the other part(ies) face to face before finalizing the arrangement.

I understand the lead abatementissue but i have never put any thought into it just because i am barely starting out in this REI venture!

Now Midtown and Corktown are picking up.The biggest hurdle facing the neighborhoods in Detroit has been the abysmal level of public services, especially lighting, fire and police.

Watch your face.

One of my biggest mentors is Alex Calderwood, a very influential businessman to a growing niche in the market and a prominent face in the commercial real estate scene.

Congrats Jon, it is definitely a success story.Thank you, Karen.Acacia floors.Custom Mahogany faces on cabinets on stock boxes.$125 PSF.

Most recently, stock cabinets with custom faces.