Trust me I love the great feedback and all pessimistic views are appreciated.

To be honest, I didn't see this as an opportunity to fraud the system...but i can see how this situation can be viewed as so.

I would love to hear more about the currency market from your point of view.

Just can't beat the view from up there!

Granted, as a PM my point of view will be different from an investor/owner, but I would never, under any circumstance, allow a tenant to make any "repairs", least of all to "make up" back rent!

I am 25 and only began investing in real estate 2 years ago (although I have been going to seminars and reading books since the age of 17, it was just taking that first step that took a while).From an academic point of view, I am a grad of UC Santa Barbara with a major in communication and minor in Entrepreneurial studies.

I know some of you are looking at this from the clients point of view, and I understand that since I've done property rehabbing myself, but it's really difficult and risky for a contractor to float a lot of money.One thing I'm thinking is that if I get a resellers license I can possibly treat the sale of materials as separate from the installation contract.

Possibly just have it under my name and view him as a "private lender"?

I actually cut my teeth doing PPV, or Pay Per View, aka popups.

@Tiger M. and @Robert Adams I'm not sure I have the same view on the failed short sales.