Work that plan with laser like focus and massive action.

I've personally seen a massive difference in the happiness levels of people who spend less than they make according to a budget in line with their values and goals, in contrast with people who don't track their expenses and never think about things like lifestyle creep and hedonic adaption.

@Howie Baker You are in the land of Magic Fairy dust for market analysis :) LA is a massive real estate market.  

I had seen this numerous times before, but last month I experienced it first first hand myself, where the common drain pipe that ran under our living room had dissolved into nothing, causing a massive flood in our unit right when we finished the rehab.

On a few nice buffet pieces we made over $500.

I'm an IT Specialist, an Army veteran, and I am ready to take massive action to enter the world of Real Estate Investing!!

. :)Anyway, I know that one of the issues facing Praxis Capital now is that they favor variable rate mortgages on their massive loans (when they invest via syndications in apartment complexes).

If you commit to learning, networking and going all in on the right opportunity you'll have massive success. 

I have literally had several instances where someone had massive amounts of cash under mattresses etc lol.

BillI recently had similar, an appraisal using reo's that came out very low, both the realtor I worked with and I were shocked as we had run a bunch of comparables..... so then if you are at 50% LTV with a hard money loan, you suddenly get a massive downpayment you didn't bargain for because the amount you can borrow shrank which is not cool!!