@Mark Marinaccio   e mail me at [email protected] for my do's and don'ts of out of state investing.. based on my 20 years of lending in the mid west..

Hi...Here's the information...Asking Price $1,700,000 Inventory included* Gross Income $3,800,000 Real Estate included* Cash Flow $448,000 Year Established 1998 FF&E included* Employees 3-4 (Liquor Str * included in the asking price** not included in the asking priceStateline Madness !!!

,I had some BP members over at a meetup in a 4plex in E Oakland w/ 3 vacant units I just purchased.

I firmly believe that the fundamental driver behind the "great recession" was over leveraged balance sheets in the household sector.

.@43206I would definitely look at this one if I were you, and similar ones like it:http://www.realtor.com/realestateandhomes-detail/530-E-Gates-St_Columbus_OH_43206_M35032-24956?

Generally people do not like to share all of that info on a forum but contact offline on a phone or e-mail to discuss.Hope it helps.I am not saying anything negative about SFR investing you just mentioned passive.

Meth is a bad compound and a esquire/judge/jury would destroy a greedy R/E investor for not getting it tested if disclosed before selling or especially knowingly renting it that might expose the poor tenant to long term exposure....

If you managed to file both a mortgage and a UCC over the FF&E you will be in a decent position with collateral.  

This stuff certainly isn't brain surgery and can easily be learned from a book; another successful investor at your local REIA; or from other members on an internet forum (such as BiggerPockets).When I did my first Subject-2 deal, I bought an e-book off the internet and found it to be very thorough (it even included the forms).

This is fresh off the presses:Goldman, Morgan to Become Full-Fledged BanksHere's a bit from the article:Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night, a move that will fundamentally alter the landscape of Wall Street.The move alters one of the models of modern Wall Street, the independent investment bank, soon after the federal government unveiled the biggest market intervention since the New Deal.