But the other side of the coin your expenses go way up when your employer is now not paying you any bene's and you have to pay all your own health retirement self employment tax AMT tax etc etc. trying to do this with max leverage is going to be a long slog to replace a 150 to 200k a year job with bene's.

As you live in your Home you find another fixer-upper to Rent until you Sell your First Home and just "rinse and repeat" for the rest of your life.

My thought: 70k won’t change my life.

Keep in mind that many of these cheap homes are selling for less than a third of their insurance replacement value, which really means that the land has negative value - let that sink in.Most buyers who can actually qualify for a mortgage will get a PA for $200-300k and desperately want to upgrade their life.

Balance Sheet is a snapshot of the company's financial health at a specific point in time.Income Statement is a showing us the health on an operating POV.

Today question is Universal Life Insurance (provider,) I am looking recommendations for companies that work with real estate investor?

However as you correctly point out this is far more risky and or its risk capital compared to buying a income property.. but the reward can be strati-spherically higher .. not just a little bit but it can be life changing profits on some of these deals.

They all show negative COC going out at least 5 years and I suspect for the life of the loan.

It makes a huge difference if you can solve that problem for them.If you get the sense that there's someone who will NOT leave and make life hell, then it may be worth getting out of the deal (I don't know the specifics).Good luck!

Well when life puts lemons in your mailbox, make lemonade with them.