Like, moving up the food chain into commercial, or buying the model home from home builders, then doing a sale/leaseback?

Thanks for the insight Linda, and sorry for your loss.

I think there's potential money to be made but also potential for big losses if I have to hold the property for long.Thanks for your input.

I have a full time JOB right now, plus i sell websites for my own company, write essays for college students, knit scarves, mow lawns, advertise, sell chilies, and work on cars to add extra cash flow to my pockets. i don't care about making millions, its not my ambition nor my desire. i simply want enough to live the life i am designing for myself. a life where i can travel once a month, learn a new language, taste new foods, master some skills, and be on adventures with the people i love.i have zero experience but i am willing to learn. i want a mentor or a person who can guide me and teach me everything they know. i absorb info very fast an am very positive in my approach to life.

Jerry, agreed but of they have decent equity, then there is no loss for the bank, and therefore on forgiven debt.

Expenses that may be for restoration include expenses for replacing a substantial structural part of your property, repairing damage to your property after you properly adjusted the basis of your property as a result of a casualty loss, or rebuilding your property to a like-new condition.Adaptation.

As Bill Gulley pointed out, there is a sort of food-chain when it comes to real estate investing.

If you're worried about your job that's more the reason why you should be taking REI very seriously because it can help you weather the storm of a job loss provided that you buy right and run your properties efficiently (if you're going the buy and hold direction).

It would SEEM that at a lower price like these, the risk of loss is much less.

Anyone who interferes with the operations of any federally insured lender putting that institution at any financial loss is another violation.