Then foreclose, if your contract/docs are all good, on your second, if there's a clause that covers borrowers necessity to keep 1st in good standing?

Good to hear you've given the tax angle thought ... my advice on starting local hands on 1st still stands, otherwise instead of a boardroom or CEO, you may turn it over to a turnkey provider that may or may not align with your goals :)

The numbers have been demonstrated ad infinitum; two of the factors that make real estate, especially buy & hold rentals, attractive vs. other forms of investment are leverage and permanency (the house stands 'forever', at least from the perspective of the investor's lifespan).

I'm sure purchasing these books is a definite way to follow that motto because the information/education provided may give back ten-thousand-fold!

I'd personally prefer longhorns/outback.We have two movie theaters (stand alone) going in... and the only announced restaurants going in with them are zaxbys and dunkin donuts.  

Make sure each deal can stand on its own or it.might.fall like dominoes.I'm a property manager in Cody if you ever need anything.

I have been pitched properties in areas like Tuxedo Park and the North East (N Olney St and E. 30 ST).For those Indy investors, can you provide some insight into these areas?

As it stands now, it appears that the borrowers are contesting a lot of the first's FC issue and that being said, I assume that the first has been racking up a lot of attorney fees that would add to the total bill    and eat into any equity that my second ever had in the property. 

And just something else I'm going to throw out there, does your boyfriend stand behind you?

What does that stand for?