These inspection reports are very in-depth and include a full set of photos that document the property condition.

Do you seriously regard people by the depth of their pockets or by the depth of their character?

So in a economic downturn as we were, with mortgage resets that would place servicing beyond financial means of many, an exit strategy of selling or refinancing was not feasible for a significant ratio of mortgage holders, it was that combination of factors that carved out the depth of the the 08/09 collapse.

I've never been a gambler, but a calculated risk shouldn't be seen as gambling. 

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss (my personal favorite and it was written over 20 years ago before books became shiny objects designed to upsell).2.

Hi Dawn, i did think about it but did not do an in-depth market research on what's available out there and how much appreciation potential is there?

@Chad Olsen thank you for the in-depth description of how to use a sweep account.  

But, I'm not a gambler. 

The height and depth is still full counter height/depth, but it is 6" narrower (probably ~16" wide interior). 

I go into a lot more depth of the headaches related to the acquisition in my Deal Diary post, but it's been a great learning experience!