Knowing your area is the best way to get out of the "cold feet" mentality and start actively looking for deals.

(Personally, I don't know how CA, and especially Southern CA has done as well as it has for as long as it has, but I'll be the first to say I don't have the mentality of a 'normal' homebuyer.)On the MF side, there are huge incentives for outside money right now (Venezuela's inflation was between 700-1000% last year, and the folks/companies who made their money during the oil boom there need to get their money out of that as fast as possible) so they're happy to be able to park a couple million dollars in US Real Estate, even if it means losing a little bit of money (or making very little.)  

Consumer debt can be very taxing on your mental health.

It's tough to take over somebody's mess, but if you buy cheap and see a potential and know your own mental and financial worth, you can do it.  

Then the next day while using a short piece of 2x4 to support the install of the new blue tooth music capable exhaust fan the 2x4 let go right through the 20x72 window. 

Fix interest rates at the lowest rate for the longest time possible$400k in IRA — action:  select SD IRA custodian, initiate new account, transfer funds.Don’t approach all of them at once, but rather move each project as far down the line as possible until you’re finished or you are waiting on a delegated task to be completed, then start chipping away at the others.I think you’ll be surprised at the progress you make overall by approaching them incrementally, but more importantly I think you’ll be blessed by the mental peacefulness that comes through this approach (taken from the book Getting Things Done)

Their mentality is as follows.

@Mansoor FazelThis looks like a pretty exhaustive list to me.

About 10 % need to exhaust their other lender options first.

Hi all - I am working to close on my first rental here in the Phoenix area and unfortunately after exhausting all other options we were able to secure a private lender from within the family.