Now that I have experienced the inner workings of the committee I realized that the issue is the enforcement procedure.

But I realize I got lucky this time (partially with my 2 month deposit mitigant, and partially by a strong rental market).

It is a pretty straight forward idea, you give them cash and they give you back an ownership share so you both realize gain on sale.

I just "know" where an item is and then realize I've mentally mapped the wrong store...

#6 - I realized not all the funds in my ex-employer 401k can be rolled over.

Makes me realize that everything is not black and white, but there is that grey area.

When I finally had enough I realized that I could only afford a house that I didn't really want to live in.

For instance - I purchase the house as a vacation home (second home), then we realize we are not using it as much as we though - could we then rent it out part time without the loan holders fussing.

I started removing everything and realized how bad the damage was.

I was buying small balance commercial loans, so if you're looking at single family residential, realize there are likely some differences (especially when it comes to foreclosure, eviction and restructruing processes), but the investment thesis is the same: Buy the NPN at a discount, sell it to another investor for a "smaller" discount.