Funny how many of these so-called guru seminars end up being sold on eBay and craigslist - at a fraction of the price - by former students who gave up on trying to make these methods work, or on trying to get a refund.  

I did not get even a fraction of the repairs and issues associated with this property.  

Row homes are operate at a fraction of the operating costs/repairs, Philadelphia's tax is a fraction of NJ and the price point is doable.Also, don't rule out a partnership - if you doubled the investment you would upgrade everything.

It's if they ever sell their part I don't want my water front property to be fractionalized by someone else. 

Would you be able to do a fraction of what I described for $20?  

While I see all the benefits from being in your home market, it seems realistic to me to to think it would be potentially easier to get started in other markets where the price is a fraction of what I would be seeing here.

Is it to sell the bank REO properties and get some fraction from transaction?

The price of a home these days is fractional to metropolitan salaries, so I think housing prices going up is inevitable.

What ever they unpaid balance on that note is you are purchasing at a fraction of that amount.

@Carlos Ptriawan There's a lot that goes into being a full-time multifamily investor / syndicator and property management is a very small fraction of it.