However, it can be quite a wild ride there, so you have to be careful of the entry point.

I poured thousands of hours over 10 years in trading, and I can verify to you, perhaps 1% or less of those who follow this wild goose chase do well.

I live in an area with periodic wild fires in the foothills.

It used to be like the wild west but now everyone wants to go to court.

For all the newbies, you can not make terms of a lease to any whim or what you think may be a really cool deal for you, there are acceptable terms and conditions in every are of the country, you can't just go wild thinking if you get someone to agree to something that it will be acceptable.

Just so Tony doesn't have to bust out the numbers for now - (maybe he will later) I am going to make a wild guess with no market knowledge in his area, based on materials in picture, that it cost Tony $200 per sq ft including lot and permit costs, putting his profit around $137k gross.

How about some other wild & wacky ideas you have came up with to increase your income stream from the rental property??

Wild appreciation makes failure difficult.

Make no bones about it, this is being watched by other legislators (maybe from your state) and with the cumulative issues that exist in the real estate market/industry today (not to mention all the bashing in the media and growing public disdain), this could just take on a life of its own and spread like wild fire (to other state platforms)...Some of you might be reading this and say, "Scott's a lender and this is a self serving crusade from a self-important blowhard who sits at a table for one

SS fraud claims are running wild and I can see the FAST Act and the CPFA issuing limiting determinations on the matter.Right now, under FAST, IMO these stratigies will only be for owner occupied sellers who are exempt from mortgage origination rules.