I love dangerous fun.

The basic advice I’m receiving in this post is that what I’m doing appears dangerous, and specific Tax questions should be answered by a CPA, and legal questions should be presented to an Attorney.

Oh, and the property taxbill was also about to come due.All of these unexpected expenses resulted in our bank account for the property running dangerously low.

ThanksQ: They are month to month and have dangerous dogs.

I know enough about real estate to be dangerous to myself (that's why I'm here and mostly listen and learn).

There are many great areas to consider in the region, each with a distinct feel and price point.

There can be found a dangerously high levels of fake it to make it.

In a few years, Bob should have enough equity in the property that he can finance it with a traditional lender and pay Dave off completely.There are some dangers to watch out for.

If anything, the inclusion of these topics (in appropriate depth) on BP's website, books, and bootcamps makes them LESS dangerous because they become things that are studied, as opposed to just 4 minute clips on YouTube.For those who disagree, I am *genuinely* curious what advice you would give to this and many other informed - but still novice - investors who want to take action?  

Robert Campbell wrote a book called "Timing the Real Estate Market" back in 2002 that gives 5 distinct Vital Signs to use for assessing your local market.