Hopefully he will get a decent price, because he has to pay the real estate agent, title company, attorney, recaptured depreciation and other taxes, and mortgage... but there will be blood in the water and he will have no 401k to lean on... so he will be like the thousands of other unfortunate landlords who this year had to unload their houses (if they could)... except they had the the benefit of a pandemic market.I HIGHLY recommend these 2 books:The Psychology of Money - HouselThe Simple Path to Wealth - CollinsThey are very easy reads, very entertaining and you will learn a lot.Personally I think if I went onto Boggleheads and asked 401k or REI?

@Edward Delgado Check this out: https://www.scottsdaleaz.gov/c...There is a limit of 6 adults per STR for starters......you might want to get a smaller house.

Our adult children also live in the are, allowing for this.

Here are some bullet points: Real Estate Mentorships can be great for speeding up your education in RE investing Real Estate programs can help build new profitable relationships that one otherwise would not have had (such as with successful people) Real Estate Mentors often will not tell you how difficult/saturated/competitive the industry is Real Estate Mentors often won't tell you how unlikely you are to succeed (similar to the music/entertainment industry) Real Estate Mentors will often talk down on corporate jobs, even though many corporate jobs have less stress and better pay than running your own real estate wholesaling/investing business (especially when those jobs are commissions sales jobs) Real Estate Mentors are highly incentivized not to tell the whole truth b/c it does not benefit their income to do so (i.e. - telling the whole truth would mean less mentees signing up for their $10k programs and therefore less money for them)Real Estate wholesaling is similar to the music/entertainment industry in that there is a very low barrier to entry and only a few who will succeed (regardless of how hard he/she works)Please note that I am not trying to be negative here.

And we have no adults in the room at the Fed these days. 

This past month we've been entertaining an offer for a buyer to pay us 16% down @ 7% Interest (5,4,0,0,0 prepayment penalty) - property for sale @ $360k.

How are you finding sellers willing to entertain the idea? 

All 20 offers were entertained.

Construction workers cuss, they are adults, he's a big boy.

—Lesson learned: Adults can behave like children, they need direction & structure.