@Steven Ko NAILED IT.

He went on to fund my next deals over the year and by the end of that year, I owned over 35 units that I was renting out with over 5k per month in cashflow, enough to move out of the motel and into my own house.Also, 18 plus years later, I still work with the guy.The thing to think about, if I had actually known that Walter was a lender, I would've probably ruined the whole thing by jumping at the money, but because I didn't, I could stay calm and work on the relationship.Account Closed is an extremely successful borrower , because he nailed it in his approach of showing how others have succeeded working with him.  

Learn real estate and clean up your act, don't think you can't be nailed!

@Malcolm LeBourne nailed it.

You hit the nail on the head with the areas, typically cheaper means more risk so don't be hesitant to get into something in the 150-250k range, that's where a majority of the investors I work with are buying but there's certainly some that'll go higher and lower.Feel free to reach out if I can be of any assistance.

Also with it being next to the houses for so long it's probably loaded with nails and other foreign objects which tear up blades....

What my worker did is to nail down some finish nails, and it seems to be fine for now.

I think you hit the nail on the head a lack of respect, prudent judgment and just plain old greed influence those seeking funds.

It also saves space and labor (less joist pockets that have to be busted out of the brick, less joists to shim and level into joist pockets, less joists to glue and nail together, etc.).  

Basically, once you nail your first deal and gain all that equity, it's a matter of pulling cash out to buy into another project.