He found for me about 1/2 a second later.I would have liked to bought more Houston property as the market started to turn around in the late 80s and early 90s but was constrained by my wife, my natural (financial) conservatism and the fact that I was holding down a pretty good paying job that sometimes cut into my maintenance, repair and make ready time.I have always done (almost all) of my own work, that includes reroofing, pulling about 35-40 feet of termite eaten studs out and replacing them.

I'm sure you will have to take into account the cost of conversion, but it seems like selling four condos might bring more money in then simply selling a fourplex.

If I need more space to live in, I simply remodel the house I’m in and rent it out for top dollar, and then get an equity line to buy a bigger house!

Simply the best chance you will give yourself.

Dan_Auito: the more hooks in different streams the betterjohnmichael: If you do not understand this one point you will not make it to the level you need to beDan_Auito: multiple offers, adds and acquisition techniquesjohnmichael: Many of us know who Mickey Mantle is and that he had - 536 Home Runsjohnmichael: but we forget that he had Over 1,700 Strikes to get to the 536 home runs.Dan_Auito: babe ruth home run king and strike out king as welljohnmichael: Over my years of teaching I have found that most fails simply due to the strikesDan_Auito: learn to accept rejectionjohnmichael: It only takes one dealDan_Auito: a month!

When he does his DUE DILIGENCE he'll find out that his $200K note is maybe worth $140-$150K, at which point he is quickly going to realize that by just cutting his price to that range he opens himself up to a much larger market.People who have accumulated sufficient assets to own a $200K property, free and clear, have probably lived long enough that they check out things they are told.

(ie too narrow to build anything on, is a drainage ditch, very odd shaped with no buildable are, etc) The county/state doesn't care about what they sell you, they simply want to collect past due taxes.

The second problem is i don't want to think and wait about these opportunities and simply act!!

Our orignal agreement states that I'm responsible for repairs simply because I didn't want them breaking something then going out and paying for it themselves to in-turn try to negoitate rent for repairs.

Many investment opportunities are simply passed up when we as investors fail to "Think out of the box"!