So, if you buy an identical condo with 50% down, you would now cash flow $400/mo. 

The house right next door was listed at $160k within the last month, and is almost identical from the outside as the one I'm looking at (though I'm sure that price will drop as well, as the $75k one has been listed almost 8 months now).

Consequently, as part of our application, we have applicants sign both landlord and employer reference consents which we can present to current / past landlords or employers authorizing them to discuss the applicants tenancy or employment with them.Our consent forms also identity the information we will seek, so the applicant is fully informed.

Two identical houses that are about 12 feet from each other and basically on the same lot.One is vacant, and has even been broken into and had wiring and pipes stolen.

From a professional perspective, I love the extra fees I can charge for doing LLC tax returns but I only recommend clients use them for one or more of the following reasons:1) multi member ownership 2) substantial personal net worth liability protection 3) valuation discounts for transferring ownership in an estate planning context 4) privacy / identity protection"None of these apply to me except #4 but certainly NOT worth $800/yr not to mention other states fees, tax filing etc.Thanks Ali.

You can go to regional and local banks and ask about unsecured lines of credit.Look into business lines of credit.Stagger the maturities of your private loans.Keep some HELOC capacity on your personal residence available.Make sure your investor understands how well their investment is performing, and encourage them to look to other cheaper avenues to raise the funds that they need.Encourage your investor to only invest a portion of their portfolio for illiquid asset like private loans, notes, and real estate equity, keeping a healthy percentage in marketable securities or other liquid assets.

What confuses me is, how did they give me access to the account after I confirmed my identity using my birthdate.This was just the last straw.

I grew up in an identical house that my parents still live in.

Seeing how people display themselves to the general public can definitely give you a good idea of their attitude, views, and maturity.

The City sees this as an opportunity for redevelopment and the chance to establish a different identity.