Nick, sounds like you need to read Brandon's book, ha ha.We want some of our own skin in the game, but we've used family loans as a win-win too.To properly tag people, type #, type the first few letters of their user ID, and look for it to pop up in the bottom left corner, and click on it.  

Might be a win win

Winning a judgment does not guarantee you payment.

The truck is great for quick hauls when you didn't plan on it, but the trailer wins hands down on ease of load, unload, weight capacity and the ability to leave it behind. 

It is possible if you work out the numbers that is a win/win for both parties.  

I am working on about a 10k margin, I know thats not fat enough for most of you but if I can break even and gain the knowledge, then for a first flip it might be a win.

I am by nature a person that strives for a win-win outcome whenever possible.  

Like I said I learned a lot on this one but in the end looks like my guy, myself and the community are gonna win!

Not sure about the 1000 dollar rule.. but one thing I think is a flaw in the buy hold mind set is that these properties can be rentals for 5 to 10 years then sold to owner occ for a profit.I don't see that at all ... even If you could somehow talk someone into moving into a rental area and being a new homeowner the improvements you would need to make to make the property RETAIL ready would probably eat up half or more of any cash flow you made the previous 5 years.I see this with the current crop of smaller players starting buy and hold funds...

However with that said it seems that this is not a win lose situation.