I laid my story out in a different post, but short version--I bought a rental property a few years ago and paid it off very quickly.

For the Americans, the FCA is the UK’s version of the SEC. 

Now they are asking $490k for it and valuing it based on the extra bedroom.Short version: 3br became a 4br without any work but it's missing a wall and is a tiny room.

The crash affected all of these folks plus created turmoil on Wall Street.Various versions of CDD’s have been used in many other states over the years.

My version is below:A properties are relatively clear - high quality, good location, high rents / prices generally upper middle class to high class neighbourhoods.D properties - are in the poor areas or as some like to refer to as the war zones.The distinction between C and B are less clear depending on the markets and who you ask.

What you are considering will require advice from an attorney who knows local financing laws, lender licensing regulations, and is familiar with Dodd-Frank and your State version of the SAFE ACT. 

The basic pitch is either wholesaling or buying houses through some version of maxing our your credit cards. 

Leigh is correct with a good simplified version!

Also, I have my own version of an investment calculator that calculates information based on my needs and wants. 

@Jon Klaus- Jon mentioned in a thread today asking why don't I write an updated version of my RE experiences in the last while.