Married with kids.  

I would not be married to the 40K unit. look at what is going to be the real rate of return. i would make sure that i make at least 14% from the  start.

I am married with 3 children and brand new to real estate.

A little about me: Young, recently married as of March 28th, college educated, working full time in financial services,  and a brand new homeowner as of August 28th.Why I joined BP: Investing interests me, particularly in real-estate.

I'm just so used to dealing with banks and hard money lenders (before I had my real estate license and before I was married to a licensed contractor) that I'm not sure what is fair. 

We've got two rent houses (that were our houses before we got married) and one living residence.

I'm married to an attorney so I know first hand how valuable they are.

I am a married mother of two.

I started buying some local real estate, some commercial, mostly single family homes.I guess I got greedy and finally topped it off last year with an ocean front property at a great price.I now own 5 properties, most heavily mortgaged.I have been trying to sell the ocean front for the past several months and not getting any bites, have dropped the price by $400, 000, still no takers at $1.500,000.I have about $100,000 left in the bank, my monthly nut for all the properties and my overall expenses is around $26,000.My current income from rentals is about $5,000.I am going through a relationship split from hell, with my ex coming after 50% of the net worth, which of course is only on paper values.She has no legal standing on this as we are not married, but I feel the judge will make an emotional decision.My question is, should I file for bankruptcy, let some of the properties foreclose on the chance that something might sell in time to bring in enough income and/or just pay my own house and expenses, which would give me about 10 months time.Should I look for another investor to come in and fix up the ocean front as a vacation rental?

Another thing to consider which I have also, is if the area is so bad, do you feel good enough about the area to work there and if you're married, having your wife go into the area alone.