I just got the appraisal back on my latest property.  The appraisal value came back exactly what I estimated. I am purchasing the house $10k below appraisal value.  The surprise came when I looked at the sq footage. T...

When I see photos of the prospective tenant traveling all over on their Instagram and they meet all of my other criteria, you have hit the tenant jackpot. 

. :) I learned my lesson.. and if all the doom and gloomers hit the jack pot and we have a crash well i will think about stepping in and picking up the deals.. but I only buy deals even today.. and there are deals everywhere.. you just need to have the contacts to get them.

Jackpot!

Also, if you're replying or tagging anyone, put the "@" symbol and begin typing their name, clicking on it when it pops up. 

You hit the jack pot here.

I recognize there is tremendous risk in pursuing a development and lots of possible pitfalls, but we hit the jackpot with the location and to us represents once in a lifetime opportunity to remain owners in a prime parcel of urban city property that every person I have consulted with in real estate has agreed should be held on forever given its appreciation potential. 

I have to go “back” into main section, click on the main menu drop down for a search symbol. - when replying, is there a way to quote a message?

@Dustin Verley  In addition to real estate notes I've also worked with these cash flows:Business Notes - no real estate as collateral just FFE  (furniture, fixtures & equipment) and goodwill.Mobile Home Only Notes - mobile home on rented lot so no real estateInvoices - buying accounts receivable at a discount.Cell Tower LeasesLand LeasesCasino or Jackpot payoutsLottery paymentsStructured SettlementsAnnuitiesI haven't personally worked with Auto notes but know several investors doing well in that arena as well.The basic concept with all of these options is similar (purchase a future cash flow at a discount using time value of money calculations or IRR) but the documentation and due diligence will differ.

Not just because it symbolically feels like I am sticking it to the man every week.