Are you going to be purchasing more in that area?

When two separate plumbers looked into the issue they both determined the shower needed to be replaced because it was improperly installed (by prior homeowners we purchased it from) causing the leak.As for the length of time the repair will take, it was 3 days total to rip out the shower, install the new concrete pad, install the new shower, etc.

Purchase price: $350,000 Cash invested: $12,000 We recently purchased a townhouse with a grant that covered nearly $20k for downpayment and closing costs.

Purchase price: $20,000 Cash invested: $20,000 Sale price: $85,000 Searching for land that had timber.

You are correct it’s a state by state thing but most states it is allowed - it also matters if it’s a primary or investmentFor example I believe Arizona you cannot get a deficiency after sale on Owner occupied but can on investment and in Texas I don’t believe you can attach to the home.Btw this is not something I typically do - but if the borrower is not going to play ball, then that’s different pretty much all west coast states you cannot get a deficiency judgement on a owner occ purchase money mortgage / deed of trust.. 

Vegas has pretty tight restrictions on STR it would be interesting to see how many homes are actually available to purchase there. 

Purchase price: $20,000 Cash invested: $20,000 Sale price: $85,000 While searching for land that had timber.

Educating yourself about different investment types, asset allocation, and risk management will empower you to make informed decisions.

I borrowed the full $200K on this HELOC to purchase my FL investment property Nov 2022. 

We then moved back to California.Our primary house was purchased for $465,000 and ended up renovating and selling for $765,000.