(lack of hands on experience.

Hi Naveen...thanks for the reply.....You're right $200000 is non existent in our area so Im actually looking out of state...Going to Austin on January 30...I understand the trends are very similar to the Bay Area...lack of inventory,multiple offers so on...that doesn't scare me away ;0) For my dolling up and reselling goals I do have a larger budget so will look here in the SF Bay Area....Love your email....What ate your goals?

@BillGulley I never considered asking the lender if they would simply allow for a commercial loan on all of the units.

I'm curious about whether anyone has had any experience with simply selling the debt after getting a judgement.

The "implied warranty of habitability" is not going to impose crazy requirements on you, it just means that your place can't be really, really nasty and lack basic amenities.

Even though I was so close to list, I didn't want to break my own rules/numbers, and quit offering. 30-days later (lack of tracking on my part), the list price was reduced, below my latest offer, and was sold within the day.

@Paul Jamgotch and another major benefit is that you don't need to have a custodian with Solo 401k, you make the investment decision and then simply write the check.

My thinking all along myself is he simply had to let it go.

The court is needed to impute the costs and charges on the other guy, you can not simply say he owes something and send him to collections without proof of him actually being obligated to it.

I've come to realize that my colleagues and friends simply don't have the right mind set for real estate investment -- even though they have no problems investing in the stock market.