HUD has gone through big changes in the last few months with many being negative.They are doing a lot of things that do not make sense.I haven't sold a HUD property in years because I just do commercial real estate now.Really think about this point for your career.If I a house is priced at 80k as the listing broker I will be paid.If you work with a buyer and ten offers are submitted you have only a 10% chance of getting paid with the accepted winning bid.On the REO side many have left the listing side because of asset managers 1% referral fee leaving them 2 if they are lucky before their broker split if they are not the broker.Count in BS designations that count a few hundred apiece each a year,conferences,computer platform fees,extending money for rekeys,offering cash for keys,and low price points and you make almost zilch for a big headache.With the Robo signing fiasco many banks are sitting on properties they own.This makes asset companies have to recruit agents for promise of potential listings by collecting fees.

I'm counting on the US govt trying to inflate away its debt problems, hencing 30 yr fixed loans at < 6% will be great long term.

I'm not sure if this counts...but reading the majority of John T.

Count it up to the cost of doing business...

(IMO) it's barely called an investment if you count on capital gains upon purchasing.

WOW, Let me count the possible and probably violations so far in this thread:Failure to comply with the SAFE Act (having 4 more deals will likely take you there)Preditory lending (30 month plan)Filing false liens (not the note holder)Facilitating or selling residential properties without a license ..RE or Dealer, representing an owner.Tax fraud, not counting principal receivedPracticing law without a license in making a contract to represent another party (you can when you have an interest in the property but you'd don't if you are acting as a broker)And LOL, providing a reciept for amounts paid out of a financed transaction:Money launderingIf considered RE, HUD violations for disclosuresTax fraud again, if the receipt is used by another for tax purposesI'm sure there's more.You guys better burn Lonnie's book!

If the property sits on a nice parcel of land next to a corner or other location you might can sell it for development later as an exit strategy.Check the Department of Transportation for your state.They will usually have traffic counts for the road year by year.You will see a trend of cars increasing,decreasing,staying the same.Also are these businesses on the going to work side of traffic or going home side??

There's a small chance they'd say nevermind on the extra payment in hopes that you'd use them again, but don't count on it.

And will i need to reduce my primary residence mortgage to 75% LTV before the rental income can count.

But in the end, you will be better informed as a result, since several RRP certified folks have chimed in with their $0.02 worth (actually more like $200 worth from training expenses, but who's counting :D ).