Yep, wouldn't you know it - banks still wont finance it.

I must be choosing the wrong guys because now, most wont tell me what their daily rates are and they insist on seeing the job first.

Even good HOAs suffer from the 'decision by committee' problem and their meetings may well be the most boring activity life has to offer.

Those were the days...Feel free to contact me if you want to here about the first time a contractor ripped me off and it cost 17k to fix the problems, or the first time I played a voice message from a tenant in open court, or the first time I had to remove a raccoon family from an attic, or the fist time a tenant called me and told me about the home invasion that they had just suffered.

She sent us a "Nice" 4-page letter certified mail on why she wont' pay this charge, and claims she'll take us to court if we make her.So ... what would you do?

And while the profitability of the investment will suffer, it won't be the total disaster people seem to anticipate.Please understand this; if done correctly with full disclosures between buyer and seller, there is nothing illegal, immoral, underhanded or unethical about purchasing a property subject to an existing mortgage.

Wouldn't new constuction, especially in this situation be a much better deal, especially since I wont have any repair costs for at least 10 years (warranty)...?

I am trying to play by their rules, but they wont let me in the game :)

You can't enter into a financing arrangement or a commitment to finance and assign that arrangement, the owner must agree to finance that buyer.I'd think at that price, less than the cost of a car, you need to stick to cash buyers and not suffer the excessive brain damage. :)

I have suffered from a paralyzing fear of failure throughout my life.