Agents are also considered same and I would argue so are RE professionals.I stand by my opinionated position and will accept yours as well, no need to beat the horse anymore, I think the community has enough opinions on both sides here now.

Sure, I guess they are simple in theory (but so are most things), but they actually require a lot of knowledge.

Any lien which grants an interest with an enforcement remedy of foreclosure can foreclose if the conditions to do so are met.

Any RE investor model that doesn't require money is suspect and so are the players/ peddlers.

I am not asking if you're using a VA from another country, but a local person.If so, are you paying $X per Prospect Sheet turned in, a set fee or percentage of the profit (if you close), or a combination, and how much do you pay?

CA prices are higher than in many other arts of the country, but, so are the profits when done right.

Always underestimate the value and if the numbers still work you will know its a great deal.The city appraisal is BS in my opinion and so are BPO's.I also believe that in lower end areas there currently isn't any true value and it just comes down to what cap rate the investor wants to achieve.I have seen houses sell for $2,000 in these lower class areas and then another one across the road for $80,000 (unsuspecting foreign investor).Thanks for reading and have a great day.

The small guys when things are good live high on the hog and when food costs soar from their suppliers margins become nothing and the owner is in trouble.

You mentioned upstairs, so are you occupying the unit downstairs or is that going to be rented out as well?  

But so are many other things in life.