I would rather hold a retail strip or medical offices vs condos.While fix is the riskiest, the scalability of it is much more appealing, from land devs, to row houses, to communities.

Dear friends,I am a medical doctor from Bosnia-Herzegovina, once living in the United States as a foreign exchange student. 

Hey guys, I live close by CU Anchutz Medical Campus in Aurora, CO.

Death of borrower, medical, involuntary job loss, etc. are all legitimate hardships.

Would you partner with or use private money from someone who is involved in the medical marijuana business?

Admittedly, if a nationwide recession hit, and property values and/or rent dipped 15 or 20%, this person is subject to loosing 15-20% of $900k in properties, rather than the widow's 20% of $225k.Then, if you use the BRRRRR method, the cash-out refinancing, once you have enough equity (usually through remodeling the property, but sometimes through market appreciation) allows you to ideally grow a portfolio of rentals with 100% financing....and zero of your precious equity left in the property.....I know of a BRRRR investor that turned $80k cash into 30 rental properties worth about $8million ($5million in loans, $3million in his equity) in 5 years....granted, he bought at the bottom of the 2006-08 recession and benefited....but much of it was the buy at a discount and remodel profit.Then decide if the risk/reward is right for you.You can say "look what I did with low leverage" (slower)....or "look what I did with maximum leverage" (faster).

As it is now, that $3000 is as if its not even there (to me) and it is unusable to me for months or until closing or whenever that final "cash on hand" determination is made.My current withdrawl balance since that deposit was made is $4560 for items such as food, car loan, utilities, medication, fuel etc. 

Also, I am sure others have mentored you on the matter but get all your medical documented before getting out.

Regards, Lisa (Medic)

We have a mix of young families, retirees, AND many medical students and residents who work at a major medical center less than 10 minutes away.Average home value is $170K-$220K for a 2/3 bed, 2/2.5 bath townhouse.