Take the cash proceeds and use a stepping stone to a nice rental in a nice area of town where there is high demand for quality rentals

I'm probably going to fill it with a high quality, mold-resistant silicone caulk (shower grade).Generally speaking, I think the more sealer you use the better.

Guild Quality is a serious list of top-notch contractors.

You will be better prepared than ANY guru class, workshop, or audio.

Experience and familiarity with the area of the property in question seem to be the qualities that will bring the most accurate evaluation of the comps.

You have to think about a bunch of things - tenant quality, number of foreclosures, the obvious crime rate, resale, maintenance, etc.

How high quality is that feedback?

And I just downloaded "The E-Myth Revisited" audio book. and the "4-hour Work week" e-book.

That is an excellent quality to have in REI.In your initial description you said, "I am pleased to say a family friend has chosen me to handle their short sale" This threw up red flags for me instantly.

The second half of a man's life is made up of nothing but the habits he has acquired in the first half""It's better to miss a good one than buy a bad one""Timing matters - be the first or last person to make an offer""It's a numbers game - the quality is in the quantity"I cannot recommend this book enough.