Although it may not be the most effective way, it is a necessity until real estate investing can fulfill a decent living.

Money is a necessity, but my pride is priceless. 

While some of us don't need all of them right away, I'm sure that most will agree that some of them are a necessity.

And that she works and makes decent money but could not stay afloat even after cutting spending to bare necessities. 

I have extensive experience with 37 Signals' Highrise (cheap, fast to implement, fast learning curve) but have also looked at Salesforce and heard good things about open source programs like Sugar. 4 - The necessity of working together in the same office vs virtual operations.

The ups and downs demonstrate that investing regardless of the vehicle (like wholesaling) used requires work and persistence.You could have stopped at several points in the process...you didn't.You prove the necessity of quality team...attorney pursuing all the necessary approvals.You show the need for planning and follow through.Many lessons learned and shared with this experience.  

Also do you think a degree is a necessity for agents now?

Housing is a necessity and MHC is one of the most cost-effective options.- Increasing Demand Across Age Cohorts: Boomers downsizing coupled with a growing number of Americans who can no longer afford to rent or own traditional housing continues to drive demand for MHC  - see chart below.- Limited Supply: Only 10 new MHC sites have been approved in the U.S. over the last two decades - see chart below.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP.  

Like everyone else said, you only get a judgement...if they have no assets, nothing to go after.If they inherit assets later or try for loans or jobs that require clean credit, it could follow them around long enough to eventually make it a necessity to repay you.Also, it's different in each state.

Here is the delta--the more uncooperative the tenant, the smellier the house, the dirtier -- all the BETTER for getting a below market deal.My investing stratagy over the last 30+ houses has been buy cash, do the necessities, and pull out my cash through refi.