That co-worker who is obnoxious and rude.

Getting approval from the lien holders is tough enough, but if it's a regular bank they may not make it feasible to assign the contract.

The tough part about it is that I see kids that goes to private and does nothing with their lives after graduating.

Ultimately, it is up to us to do our due diligence with the options presented to us and in very tough margin markets like LA, more options do not hurt.

Super tough call.

As someone who has both a former felon who spent 22 years in prison for drugs and other guys who have spent some time in jail for lesser things on my construction crew and who are all very hard workers, have families, and turned their lives around-they know they can't and won't go back to those things. 

This isn't the response you are looking for, but don't buy into a hot market.That being said, its tough to give advice without estimating purchase price, remodel cast, ARV, and how much it could rent for.

For the most part there has to be a reason a home is selling for a discount, the seller needs to be in a tough spot and when their property can sell for asking they are less likely to be in a tough spot.I don't think there is any problem with having multiple low interest 30 year notes (in fact that is probably the ideal). 

I have found good ideas are easy, successfully executing is tough.

If the house wasn't a part of the equation and the family came to you and said out mom is in a tough situation, we really need $35k would you donate that money?