You are virtually guaranteed to either (1) tick off the current tenant and make his or departure stressful and/or (2) scare off good prospective tenants who will see the unit in a less than desirable state (after all the tenant is moving, so the place is likely to be trashed).

I've always been interested REI but now that my business is cooling off, it has motivated me to make moves.My goals: Being involved in a business that is pretty much virtual, I am really into the idea of moving into a business that is tangible and concrete, like RE.

My wife wants to pay even if they want to study art, political science, or become social workers.

And most people find it would be better to work for minimum wage than to do all of the work and not get paid. learning how to find deals and close them fast is a true art form and very competitive.Best of luck to you.

One at home, one at work along with two Linux machines (one real, one virtual) for development and a PC at home.

Hey Alex welcome aboard bud.As far as value, bottom line is, you need to know your market, that should tell you a lot of the story.Estimating repairs is an art that if you are not and have not been in the construction fields will take time to learn, get some contractor quotes, ask questions and then take some walks around your big box home repair stores looking over materials and prices for what your current projects are.

I ended up doing this but im just thinking that this is fraud.On top of this the note ballooned in just one year and the way it is structured has made it virtually impossible to refinance elsewhere.

@JayMartin I have to agree with you, Mohill etc. is culturally devoid and although property within a certain radius of the Bay Area proper will always have some value, you're right that finding a good investment below the mean Bay Area prices is not easy.Yes, been to BRC 4 times, quite involved with a few camps and even got an art award there.

Think about the following in terms of a so-called “Foreclosure Bail-Out”:Whether in default or not, couldn’t virtually any homeowner transfer his or her own property’s legal and equitable ownership to a trustee in a bona fide inter vivos trust, and then lease the property from the trust?

While it's not legal in CA, it's virtually been decriminalized since it became a misdemeanor under our last governor.