Perhaps I'd have been better off thinking about selling late last year before things tapered off...But I think I should just keep the place and find myself a cheaper investment.

I have a friend willing to buy it but how much does he offer. can he offer less than the 308k mortgage and 13k plus in late payments?

:roll: :roll: I'll be happy when the painting is finished!!!

I just read "Buy It, Flip It, Sell It, Profit" by Kevin Myers, in which is says mold is a much bigger deal lately than it ever has been in the past.

I have changed some of my spending patterns as a result and I'm sure I will probably make more changes by the time I finish the book.

I'm not sure most mortgage co's are smart enough to do anything creative like that but it's worth a shot.BTW, in TX a first mortgage foreclosure CAN wipe out unpaid HOA dues, late charges and lawyer's fees.all cash

I'm sure I'll think of more to say AFTER I finish posting this. lol Hopefully we'll come in contact with lots of people who will offer advice in our new endeavor, and as we become more seasoned, we'll do the same. :)

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I get more and more emails of late from investors who have linked up with one another to network and do deals.

I wouldn't want to collect late rent without backup from a lot of the places.