So I would say take precaution.Good Luck one your endeavors!

I believe that mentorship is imperative in any entrepreneurial endeavor.

I hope to hear from you and good luck to all in their endeavors!

Good luck in your endeavors!  

Refinancing to pull out our initial cash investment in these condos is an option, but right now the plan is to hold as-is for the next 4 years, when this and a number of other short term loans on condos at this complex will be paid down, allowing me to retire from my day job and live on the cash flow if I so choose, or my wife to do the same for that matter.Buy & hold real estate investing hasn't been a get rich quick endeavor, but with some time and energy we've experienced more gains in 5 years investing in real estate than 25 years of stock market investing in a 401k, and we will have a better income stream from RE than from an annuity we could purchase with the 401k.  

My partner in this endeavor is a contractor, and I used to be an appraiser before the crash. 

Very interesting to read about your endeavors.

You'll have plenty of support in your real estate endeavors.

However, I think this is par for the course and I’ve been making money while adjusting as I go along.I find the hardest part is to give up the sense of control that is natural to have in this endeavor.

I currently own two lots in the Little River Ranch development, one of which I'm building my home on (see my blog for more on that endeavor) Seem to be quite a few folks moving into the UAV from Summit county.