My overall GUESS is that more problems are coming down the pike of a serious nature.

, things of that nature, so the membership decided to have a meeting, with the Board and address the concerns by addressing the questions and attempting to come up with some answers.

They impose the types of materials that can be used in keeping with the "historic" nature of things.

In Nov. 2006, we incorporated our business...we foolishly, looking back, made a bad $10k mistake...at that same time, we had to evict a tenant, which became costly, and then we had to rehab that place, because the place was trashed...., when we finally evicted this tenant, the tenant in the back (as this was a duplex) moved out...we were now having to hold the property through rehab, which took way too long to finish (4 months)...yeah, it was that messed up...we learned a costly mistake...not periodically checking in on tenants...we should have...now we do...once a year...we started to "bleed", financially, we were also in the midst of a refi that fell through, and then my husband had a motorcycle accident, which then kept him out of work...we REALLY started to feel the pinch...that's when we started getting behind on our mortgage/s...and then it just got worse....our 2nd property all of a sudden got the attention of the city, and we were dragged into a hearing for a sub-standard on the property that we didn't even know existed during escrow (yes, again. we learned more about "due dilligence")...so, more money out of pocket, and another lost tenant.., now we were BLEEEEEDING...really borrowing from Peter to pay Paul...Well, if I go on, you'd think I were lying..In 2007 I had to now fight against our school district, because we have a special needs child, who was given an inappropriate education, for a year, and that cost money as well (to retain a atty.)...just too much...I ended up in the hospital, heart problems....of course, my husband took time off of work, more loss of income.

I will also say that they are many rehabbers out there who just have a natural knack for these things and I love to see what others do.

In order to invest in anything you would naturally expect at some time to recieve that investment back.

There have been so many lawsuits, HOA problems, and the transient nature of the occupants, not sure if I would be quite ready to move in this direction....at least not just yet.Vegas is very tempting right now though.......very tempting!

I don't have the time to allocate to a project like that right now, but I'll definitely keep that one on the shelf for future use.One of the main strengths of their program seems to be that there is a natural follow up program because you go to class every week.

Then throw in the illiquid nature of real estate.

Good enough.Next time you get something of this nature, contact me.Will