good guess, buying 4/5th of the appraisal is a possibility but we are just starting out and since the property is owned and has a buffer to fund the occasional utility use and taxes, it literally cost 0$ we would like to build some experience in real estate and capital before considering buying it from the rest of the family.

Occasionally they do at the end but usually it's one side wanting to change the terms at the table and the other saying no.

I have to show my face at my other job and say hello a few times a week just so the military knows I'm still alive, I've got a wife who needs her husband around once in a while, and the occasional medical apppointment, other than that my schedule will be completely free.

I go, occasionally, because I tend to make at least one good connection with another investor while there so it ends up being worth the time and travel.

Yeah, you'll get your occasional crazy that thinks it's unfair to judge them based on their current mortgage(s) being delinquent or that they have aggravated assault/robbery on their records, ignore them.  

Mortgages usually 5-yr terms with a 25yr (occasionally 30 yr) amortization with a 75% LTV on refinance (no seasoning) and rates on residential are currently 2.5 - 2.7% ;-)

Kristine Marie Poe the land bizz model has been going on like this since the 1920's there are over 1 million lots of record in Riverside and San Berdo counties each that were platted back in the day and when you fly over the area you can see roads going to no where with the occasional mobile home stuck out in the middle so of no where.

You can set your primary business model as buy & hold and then use an occasional flip or some wholesale deals to add capital and acquire additional properties. 

But probability says you will get a few rambunctious kids in your apartment building that will give you an occasional headache.I hope that helps!

Hey T Nguyen no official summit is planned for Florida - but there are un-official meetups started occasionally by members.