Bear in mind that all changes happen at the margin. 

This would have a bearing on your cash flow.I don't know much about multi-family properties.

Just for the fact that he did not put your deposit in an interest bearing account and did not send you the letter (within 30 days of receipt) telling you where the money was, how much, and the account number: They broke the law.

If you're looking to rehab and flip it yourself, seller financing can really grease the bearings of getting the deal done.

This is my first ever post after the initial Hello, so please bear with me :)1) Is there ever likely to be a case where a house is purchased through the Public County Auction system where people - the original owners or renters, maybe even squatters - are still inhabiting the property and have to be evicted by the new property owners?

This security deposit needs to be placed into a separate interest bearing account3.

Bad news bears.

Your comments at www.biggerpockets.com bear this out, as does your almost complete failure to utilize any of the training and mentoring assets made available to you.

I also believe in diversification.If you had bought gold prior to crash you would have killed it.Equities and REI in bull markets.Gold, Silver bullion and cash for bear markets.Also avoid class A rental units for now till bear market returns.Build up a LOC, banks are allowing you to open up non-collateralized personal lines for cash reserves at 8% APR for those that have +800 FICO credit score at 0$ cost.

I know following the crowd can certainly lead you astray (and all the Warren Buffett-isms of be bullish when the market is bear and vice versa), but sometime you don't want to wander to far into the wilderness.But if a market correction or slow down would not sink you financially, and you are okay taking on the risk, then you can come back here in 8 years and tell all the nay sayers that they were wrong.Best of luck, whatever you choose.