They often have great intro bonuses which can be like free money if you were going to spend the amount needed to get the bonus anyways

I understand real-estate is cyclical, and some times may be better than others, but regardless, it trends upwards over time.

Track your spending.

It seems you have done what can be done and now it's time to ask the question of where do you want to be in a few years when you recover.If you do a "strategic" bankruptcy (just a fancy way of saying starting over and doing better next time) you can be back in business debt free with bad credit and no creditors hounding you.

@Charles Manabat Placer County (Kings Beach down to Homewood, Northstar and Palisades/Alpine Meadows) have permits available and have for over 2 years.

The market vacancy rate held steady at 11.6% compared to Q4 2023, while asking rents declined slightly by 0.5% quarter-over-quarter to $234 per unit.

Here's what the loan officer told us: "You still have entitlement left over that you can use if you choose to make this property your primary residence.

Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.

Quote from @Brandon Polcawich: I recommend you spend some extra time educating yourself on how to run the numbers so you don't miss something and get into a bind.

I work with investors all over Oklahoma.