I think it's an achievable goal with persistence.

Sticking to hard assets, rather than paper, is the best way to achieve real wealth.See you around the forums.Continued success!

New update: 105 cosponsors and counting.https://www.govtrack.us/congress/bills/113/hr1779#overviewThought I'd also share an informative article I came across on the status of this proposed bill:http://www.mhmarketingsalesmanagement.com/home/industry-news/industry-in-focus/6659-dodd-frank-fix-hr-1779-preserving-access-to-manufactured-housing-act-of-2013-achieves-growing-bi-partisan-supportIt's great to see this finally getting the momentum it deserves.

So, the two of you are conspiring to defraud the lender's approving the short.A better option, if you want to achieve this net effect (you still own the property but at a lower price) is to try for a loan mod.

They are harder to find and not getting easier lately with inventory down but they are out there.That being said I am considering other markets and the reason for that is that to achieve similar cash returns here, requires more cash to get in.

Shortly after it's rehabbed, it becomes stabilized by achieving 100% occupancy.

Looks like we might have to go out of state to achieve this goal.If you have an option, would you buy 4-plexes or bigger?

I have found my "why", developed my business down to the desk I will use in my minds eye, and I am taking action every day and night towards achieving my dream.

Amg Wheels...Getting in this car everyone morning makes me want to work HARDER to achieve more in life..It reminds me of why I like to work hard and get it done..!!

In order to achieve that reality, though, you'll want to begin with that end in mind and build systems around it.If you have the ability to do so, I'd recommend house-hacking at least once while you are still in Memphis, and then perhaps there will be some good opportunities to pick up rental properties outside of this strategy while you are there.