https://www.biggerpockets.com/forums/48/topics/1159104-overleveraging-net-worth-cash-flow-and-headache-factorhttps://www.biggerpockets.com/forums/52/topics/1159067-less-...https://www.biggerpockets.com/forums/48/topics/1131066-cash-flow-is-not-kingIts a bunch of reading. 

But when it's done, it's like having a special treasure that's worth a lot.So, it's kind of like picking between a quick adventure and a big, exciting one.

The efforts that projects of this nature take are massive but the results are more than worth it.https://www.dispatch.com/story/news/2023/11/27/columbus-home-for-human-trafficking-survivors-harriets-hope-to-open/71625032007/One-of-a-kind home for human trafficking survivors to open next month in ColumbusDanae KingColumbus DispatchOn Friday, survivors of human trafficking will walk into their brand new home: a place where each fixture and detail was chosen especially for them by fellow survivors.The home is Harriet’s Hope — named for abolitionist Harriet Tubman — a 52-unit housing community that can host multiple families and was designed specifically for human trafficking survivors.The one-of-a-kind community comes out of a public-private partnership that brought together Ohio Attorney General Dave Yost; Columbus Metropolitan Housing Authority (CMHA); CVS Health and OhioRISE, the CVS/Aetna-owned Medicaid program; Beacon 360 Management and many others.The Dec. 1 opening of Harriet's Hope, a community on Columbus' West Side whose exact location isn't being shared to protect survivor's safety, was announced at the Ohio Statehouse this morning.A call to actionThe project started a few years ago as a vision of Celia Kendall, the CEO of Beacon 360 Management, a nonprofit real estate developer and management firm based in Columbus with 28 communities across Ohio.Kendall got the idea for Harriet's Hope after being unsettled by what she saw doing street outreach with women being trafficked six years ago."

Houses come with their own land which condos don't.Condos are less expensive to buy, but you have to also remember there are condo fees that depending on the unit can add to the monthly payment. 

Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely not qualify for a loan mod at the moment, good amount of equity.She works in the medical field, just took sick and fell behind.I was thinking of offering to pay her 10K in arrears and creating a 2nd mortgage @ 10% interest.if she defaults, i can foreclose,  as there is a bunch of equity there.any thoughts of a better scenario that i can make more of this situtation?

I don't see the point in buying a distressed asset with a 20k discount in exchange for 50k worth of work.

Also I remember watching your episode on BP, we are based in the same market!

That's a hard pass and it's 1000% worth it to wait for the right fit.

Check comps to see if they have new roofs, a/c etc. if a comp is selling for $300 without those things, yours is worth more.

I remember growing up in memphis and going to the military.