And we use that as leverage along with bonus and delay fees per day etc.

One economic study expects that 66 percent of the population, or 2.5 billion people, will reside in urban areas by 2050.As young people finish school, they are increasingly delaying marriage, kids and mortgages, which had been seen as a rite of passage into adulthood for previous generations.

(Sorry for the delay, I somehow missed you message earlier.)Thanks for the encouragement about stepping away from the status-quo job.

Note that there are way to minimize this; if you are curious I'm happy to lay out tips, maybe in another post.2.

Hey Ray,Sorry for the delay responding.

This deal has started on a delay, holding up my contractors that I had already set deadlines for.

Understands real estate well and runs his own practice so he knows what it's like to be a business owner trying to minimize taxes fully.

Just checked the mail and there they were: rent checks ON TIME from previously "bad" tenants. My friend @Mindy Jensen had a post recently concerning what was a favorite lease clause landlords have. My response was the...

My cash flow is minimal but I am living for free. 

So my question is to you, what do you think is more beneficial: taking out a mortgage on a multifamily property with minimal rehab needed and a 30 year payment plan OR saving money for a foreclosure and buying all at once, fixing it up and renting it out with more monthly cash flow (though I still would need a place to live).