It affects your judgment and clear thinking and makes your more short term thinker, which often sets someone up for failure.

Be overly CLEAR with your scope of work and contract.

She owned free and clear, she had bought it in 2008 and wasn't going to be able to sell for what she paid.

Just to be clear there is no second mortgage involved.

Year 1 Costs include:Development costs---Land purchase-Land clear / stage-Septic installs-Electric installs-Well drillHousing costs--Mobile home purchases-Property management feesLand costs--TaxesYear 2 Costs include:-Property management fees-TaxesYear 3 Costs repeat year 2 and so on.It seems like this might be better than rental properties..?

Originally posted by Jake Kucheck:I don't always enjoy it when Rich and Will do battle, but when I do, its typically because I started the thread and will enjoy the increase in influence.No battle here Jake, just wanted to be clear on his post and he was very clear in the response.

Sure, the growth is much slower, but if there were a job loss tomorrow or some other catastrophe, I really have nothing to worry about since I have a decent portfolio free and clear.

Be very clear and firm with your attorney that you want to have no ongoing dealings with your ex.

I had to read your post a couple of times to be clear about how many houses you have.

A lot of posts here about not offering a deposit, just to be clear, that will likely not work if your offers are on REO or short sales, banks will not accept them typically.As to the OG question, I have a question back . . .