I'm either outside the box and able to prosper on a higher level with this strategy... or, I'm out to lunch.

If you're going to be landlording you'll need good people skills as well as management skills.

Its seems so much that it's who you know, not the level of service you can provide!

It's interesting though as some REO properties in California are actually priced at these levels, with rents maybe equal .

Bought 2600 sq. feet on one level for $120,400.

You could end up with dangerous levels of CO in the building.

I have cash too, so there may be cases when I purchase outright too.I'd also like to diversify across economic levels.

Is the loan based on cash flow of a business model or does it have to do with your current level of income/assets you own?

As my bf says "you can't spend a quote" but I'll tell you, this is seriously increasing my energy levels!

Since Lenders do not own the property and simply operate within parameters dictated by the investor holding the paper, you can sometimes make a connection with the negotiator on a more personal level by taking a few moments to thank the them for their assistance .