Inexperience and over ambition cost me in but the plus side is I know not to go into projects looking at myself as the one swinging the hammer.

If you are nearby and want to save the neighbor from being placed in the middle of it, you could swing by, and then say that you were the one that smelled it. 

HELOC them all and wait for the next swing in prices on the west coast.Please, share your advice; what would you do with 1.1 mill equity NOW.Dennis 

Simply I have investors where they own 20 gas stations and they do not want anymore stuff to manage but they have cash sitting around.So they like the idea of buying land and sitting on it until the market comes back.Doesn't add anymore onto their plate than they have now.You really have to know what land is doing in your area.In some states like California and Texas development is back in full swing and land is scarce in some areas.In other states land is years off from developers coming back in.

I purchased a new SFR in a private golf course subdvision in a "A" area with $200,000 down 6 years ago.

Might be a little hard to swing 2 boot camps, so hopefully the near future is sooner than later so I can make a choice.

It doesn't seem like there's much turnover in the MFRs in this area but when there is, we understand they get snatched up pretty quickly so in spite of the original price this one caught our eye simply because over time it just kept popping up until we decided to run some numbers and just swing for the fences (compared to asking) with our offer.

I took a big hit in the recession due to a divorce (perfect timing) and now I'm getting back into the swing of things, armed with some perspective and maturity.

@Kyle Bigger  nice post your getting some incredible deals.. much more competitive over here in PDX were 20k profit is a nice day. as a little aside one of my best fishing buddies lives at Broken Top, and when he sold his golf course building business he got board..

Sort of like "If you only score one out of ten times you hit on members of your preferred sex, your standards are too high or you are not swinging enough".You can throw a random 50% offer at every property that comes on the market and sure you may get one out of fifty.