I generally avoid unsecured loans, except when working with partners (flippers) whom I've come to trust, where the ARV of the property is such that it can absorb litigation costs and still produce a profit.

CurseWonder if my tetanus shot is up to dateGo in search of a band-aidCome back, play with the leveling feet some more.(20 minutes later)Scootch the dishwasher out a millimeter at a time by rocking it and easing it between the tile lip and the underneath of the counter.  

They can all work at different times, imo.Good luck finding your own method.Rich Awesome insight Rich,This is the same track I've been researching, thanks for the post to reiterate that there are others other there  on this same path:- the balance between cash flow, tax shield from depreciation, and projections to figure out how to net "0," on paper or as close to it as possible- building up the passive activity loss bucket in anticipation of properties or other income producing activities that have income that exceed expenses and depreciation so I can keep the net "0," balance for tax shield purposes- use of entities, revocable and non revocable trusts, and Life insurance to exit life with no estate tax, fund trusts with perpetual income and asset growth by auto/default design to perpetuate indefinitely into future generations

Morganton, like Shelby doesn't have the higher rents like Gastonia/Charlotte but still produce good cash flow properties.

If the former owner was either dumb enough to sheet rock without insulating OR simply decided that this was an acceptable corner to cut, who knows what else was missed or skipped.Thanks again guys

I'll be working with 2 top producers in my area(Southern California)as my mentors and I'm looking forward to starting a succesful business. 

This shower is AWESOME, we used the same wood tile from the floor and ran it on the back wall along with a river rock shower floor, this neighborhood is kinda "woodsy" so we went with a LOT of natural finishes in the house!

Then you end up with a property that doesn't really perform like it should and it's no fun to vacation there anymore because of the headaches it produces.

You would then come in and stabilize the property through your construction/property management prowess to produce upside in cash flow and equity.

Hopefully your rentals actually produce some income.Also be aware that as you take or are allowed deprecation the basis in your property is reduced by that amount (taken or allowed, which ever is greater).