Guests click through an average of five photos before deciding to either keep going or move on.

And then there are people like @Rick Albert that say even if you buy an inflated property you'll still be ahead if you hold long enough.

Go ahead, ask the Chief!

A defendant like the one you're dealing with will never show....they are called 'uncollectables'....they have no property, often no steady W2 job to garnish wages from......Not to say you shouldn't go ahead with SC court, just be aware of the reality....

Click on the search button and you will find this talked about a lot and never resolved as everyone seems to have a strong opinion yes or no.As for me, I am in the yes camp. 

@Tavis MooreIt sounds to me like you are way ahead of the curve for your age.

To me this sounds like a heads they win tails they lose proposition.  

i would say if you were GP on this hypothetical deal, then go ahead and do it. you could do a few more deals after this one and pay off the loan faster. if you are simply a LP, its risky since you have no control on how the deal goes. i did a similar strategy with buying a duplex but i have full control of the asset and how it is run. if you are going to be passive i would try the solo 401K route.   

I was lucky enough to get ahead of the curve and purchased a townhouse in august of 2020.

I’m excited for the journey ahead and to hear from/meet you all!