When he returned, the furnace had sent water through pipes to third floor radiator which flooded third, second and first floors.Plumbers insurance company and adjusters are offering $1,500 where we think repairs will run approx. $7,000.

It looks like I'm going to have to make the next meetup even if it means taking a day off or adjusting my schedule somehow.

Learn, adjust, and do it again.

every person who actually understands good business practice understands that is ridiculous. it is called risk-adjusted reward.

What minimum requirements do you have about purchasing property that you are willing to adjust in today’s market?

Even if you plan to self manage, should something come up where you no longer want to or you head to a warmer climate when you do retire, the deal will instantly flip from potentially cash flowing to being underwater.Unless you can get the price down to under $45k, it's likely not worth it.

A claims adjuster said , from their inspection of the home, that some of the attic insulation is of mineral fiber and likely asbestos.

It has high crime activity and is less desirable than many similar areas.San Diego in general has been struggling in the Real Estate and this Economic climate (which is good) according to some reports the US is approaching the end of the Economic boom.

I don't know how many times we provide real comps to the appraisers to help them adjust their number to fall in line with reality, but I'm pretty sure it is every other day. 

It’s been hard adjusting the past 7 years but I’m ready to get my feet wet in the real estate market here.