I've done some Prosper lending, and basically broke even over two years of making loans (I don't do it anymore).It seems that many A-credit borrowers suddenly decide to stop paying when it's a Prosper loan, and the recourse that the site takes isn't very useful (though I don't remember exactly what they do).All in all, I wasn't thrilled with the experience, but that may have been due to my poor investment decisions...

One year ago I had a sudden cardiac arrest at 40 years old.

The most dramatic rental rate change I had was one of my SFR in North Scottsdale that used to EASILY rent for $3,200 per month that was now struggling to get a Tenant to pay $1,800.Many people who couldn't afford to live in nicer houses, suddenly were able to. 

However, when you simply get the property under an assignment contract in your name first, it suddenly becomes legal and a license is no longer required.

That could result in currently positive cash flow properties suddenly becoming negative cash flowing.

I am still going to look for deals in Denver, but I think I may branch out to other areas as well where the market isn't surging up so rapidly and there is more inventory and more houses that just generally need to be fixed up that are harder to sell.That's awesome that you got a rehab done and sold so quickly!

I don't believe it's the sellers job to disclose anything, it's your job to make sure you find problems and know what your buying, hence inspections fees at closing are paid by the buyer, not the seller; the inspector worked for you and your mortgage company.I would certainly ask the inspector about the water heater, that does sound odd, but don't suddenly believe the plumber who said it was all wrong either, they will happily make things up.In fact, the gas backing up into unit doesn't sound right at all.

Think about personally what you are leaving your family with in wrapping up your affairs if you had debts on 10 properties and kick the can suddenly.

Buffalo is seeing a lot of development; including a billion dollar high-tech, medical, and tourism businesses along with waterfront development and more, so housing could see more of a surge too. 

My HVAC guy I have been doing business with for years has all of a sudden jumped about 500 on our jobs, and everything needs a new unit now.