Common sense needs to prevail when a property is in that bad of an area and that much underwater with that much damage.It's not worth the health of your marriage and your families needs as that property might not ever recover to a break even point to get rid of it.

Preferred equity is generally what is used here so that the "investors" get paid with preference to the promoter.

If you have a health issue or another opportunity presents itself, the money is there to switch gears and keep moving forward.

I'm definitely hesitant to do many buy and holds in a small market because I don't trust the long term economic health of a small town.

In most cases, for a supply house to recommend a contractor means this sort of relationship.I’d have to agree with David here, if a supply house wants the benefit of promoting their products by sales volume of their contractors then they should share in the blame when things go wrong.

They are looking for things that are health and wellness problems(heat, running water, functional kitchen, lead paint) and that there are no big expenses looming in the next couple years.

I really want to network with like minded individuals as it promotes learning.

They could tell the truth or not, but it would be a good way to gauge if they know what they are talking about.Asking real estate promoters their net worth?

Here's a look at the details:Report: Half of all home purchases paid for with cashWhat does this mean for the overall health of the market?

You can go here... http://www.mass.gov/eohhs/gov/departments/dph/programs/environmental-health/exposure-topics/lead/ and on the right hand side of the screen there are "related links" with "Database of Lead Inspections for Homes in Mass" as a choice.