It's important for me to control any lending situation that I enter -- whether it be a note or a hard money loan -- and the amount I would have to fund in NYC either would require me to bring in other investors, and thus lose control,  or would require me to tie up too much money in one note, which would be disastrous given the lag to a foreclosure. 

I am looking for help of any kind from experienced players to help make this possible.

I had my agent run CMA in the zip codes I would like to invest in and for the past 6 months, the sold price were about 15-20k below the final listing price (listing price were between $180k-200k) due to some of the properties are either paid in full and kids just selling off what they got from their parents or military members who are just trying to break even since they got orders and don't want to deal with renting it out or losing money. 

We did start talking to someone but I failed to tell them it was in the name of the LLC I just didn’t think about it till now.I had considered transferring it back to us personally but aside from the annoying title costs wouldn’t that lose the protections and advantages of the LLC?

Think about the greatest players to ever swing a bat and look at their percentages.

If your using money you cant afford to lose and or need to finance or plan to resell.. then buying a property without title insurance is risky.cheap land is many times bought with out title insurance..

I live in San Jose, and this market is notorious for making people lose faith in their ability to purchase. 

People are losing money in booms and busts if you buy badly enough. 

I guess for me it would depend on how much I would lose in quick sale now. 

I’m so relieved.As a landlord, it’s better to swallow your pride and settle for a small loss than try to go through an ugly eviction process for weeks or months and end up losing thousands of dollars on legal fees, lost rent and rehab fees.