But, if my income doubled tomorrow, I'm absolutely confident that I would able to absorb that income and end up struggling with money.

They will also control the closing company, which will make a double close tough.

Can I do anything with them (besides do a double closing because I have no money)?

I got lucky and bought a home in San Fran in 1995 and sold it for more than double in 2000.

I drive 60 miles from my house and an investor I am working with in CA, has to drive 30 miles form his (which isn't bad).Just find the 3 bedroom/2bath bread and butter neighborhoods that are 10-20 years old.

I have another duplex that I lived in, couldn't sell, so now I rent it.This is my first property bought with the intent of renting it immediately.This house is a duplex - they are asking $45,000.00It has a 2 bedroom and a 3 bedroom apartment.

The stops lenders and your worries about double closings.

Just means the four owners will have to sort it out each something is needed.How many bedrooms?

The house has illegal bedrooms, faulty wiring etc, things that needed to be explained in person and was going to make an awesome shortsale.Anyhow, I specifically told him to take the realtor lockboxes off, or replace them with combination boxes and don't put the combination in the listing.Sure enough, both banks managed to get appraisals without my knowledge, and now we are facing the battle of the bank thinking its way too high of a value.Anyway, figured I would share this, its one of the first things I tell everyone.

Add additional income sources: If you have some vacant land, consider adding some mini storage units, or fence it off and offer storage for RV's, Boats, and extra automobiles.