I have heard bad things about "payday" lenders but this is my first encounter with the reality of what is being done.

In reality, it probably won't happen as long as things sail along smoothly ... it is unlikely the bank will even notice the registration unless something else gets their attention - like an approaching end of term.

Instead, I want to ensure you have your expectations set appropriately and set goals you can control, because the reality is you can't control when you get a deal. 

The reality is low end rentals will just eat out of state investors lunch.There was a thread a while back on BP that asked for anyone who had lived in CA or other areas and invested out of state that has been owned for more than 10 years.. the responses were crickets on BP...

Many times a newbie investor gets suckered into buying a property with the "cash flow = rent - PITI" myth, only to be in trouble when reality rears its ugly head.  

The reality is unless you are destitute and your child is dying and you cannot afford medicine it really is not an important issue you are stressing about. 

The reality is, they are out there in some meaningful significance.  

The reality is, you are going to have to put money down to buy properties, regardless of your exit strategy. 

Next time up tough we will not do a full wrap porch.. framing in that market is almost double what we pay in ORegon.. this one sold at 292k within 3 days on market. with a 17% net profit end of the day.We currently have 5 more going and one is the subject of the reality show "southern charm" I will update that one once we see the video from the production company it should be pretty cool.

When in reality, a scuff on the garage door doesn't matter.