Take your time, feel out the situation and make your decision.

Originally posted by Brian Adamson:Hi Gilbert, I think wherever you go, the weather is going to be an important decision in determining what you do.

It is not my decision to accept or reject the offer I present, all I can do is present it.

Having said that, almost every single trade can be broken down cost wise on a per sq ft basis.

Just like any other bank deals you cant get much of a deal that will be considered a steal on a short sale from a bank. they have guidlines they follow and if it makes sense for them to take to REO so they can net more that what they will do. most short sales now these days are trades at FMV or even above that since there can NOT be much of a discount negotiated.

I was looking to trade my resources for your knowledge and build a strong professional relationship...

Over the years I've made some bad decisions and guess still making em, I.e. investing in stocks, over the board lifestyle, kids going to private schools, big house, expensive cars etc.I just turned 40 and all of sudden I realized that I don't have significant savings, what if something goes wrong and I cannot continue working or suffer a huge loss.I had to set a goal for myself and my goal is to earn atleast $25K/month passive Income in next 4-5 years.

I dont recommend doing a CMA that the computer spits out because of too few datapoints.The rest of your plan sounds good and I dont think there is a shortage of houses in your area to keep the plan going.BTW some other options are Trading your property for someone who is having trouble managine small apartments, Exchanging property, O.F. with large down, getting rental commitments but not signed and appeal to commercial buyer, or Lease Option.

A couple of months ago I made the decision that this is the field I want to construct my future on.

I need to slow down and let the numbers make the decision.