I found a ravine/wash cut across the front side of the property.

Update on the original post: City Council in Hamilton, OH delayed any action due to too many attendees at their regular Council meeting.Source: http://www.journal-news.com/news/local-govt--politics/hamilton-delays-landlord-hearings-after-too-many-people-show/d2G0J8rVIKeDVSHrUYz7tL/

Becoming a real estate is a great way to learn the culture of that side of real estate - what you won't learn at Realtor School is how to invest - creative financing and making money.What you will learn is how to keep from getting sued - how to use their forms and making full disclosures.Learn the business from their prospective - but keep in mind (before you become brained washed) that your real goal is to become a successful investor.So - follow their rules - but start to study real estate investing - get a mentor - go to auctions, tax sales - foreclosures - make offers on expired listings.So to make your broker happy -- list a few properties and sell some also.Apply for a credit line, check protection and set up some joint ventures with friends and relatives.You WON'T make that much as an agent - but you'll become wealthy if you learn how to CONTROL and ROLL real estate - make sure you learn advanced creative real estate formulas and use those principals often.Good luck with your release from incarceration of employment.

If the borrower will return to work as of the 1st mortgage payment date, then the borrower's regular employment income can be considered in qualifying.

Since I can't usually make it, I'm looking for other metro Detroit/southeast Michigan regular real estate investor meetings to attend.Thanks in advance,Valerie

Maybe cash out refi the condo on a regular conventional loan?

I guess I just don't understand how it's different than a regular residential appraisal.Thanks for your help!

@blakeI also have various properties owned by several partners.I'm also the manager, but mainly because I am the major owner of the portfolio of properties.I also take the management money that would have otherwise be used to hire a regular management company.This year, I'm starting a new business in IT.

Their townhome is paid for and with any luck their remaining days will be spent there.My wife really would like to buy the property as an investment vehicle and the ranch townhomes regularly go for around $300/$325k at least.  

I cannot get enough private money for a down payment through a regular bank, and my debt ratio is too high for an FHA loan.