She wound up working at a Nanny, a Waitress and currently, a Personal Trainer.

At this time I found out that he had 6 other properties out on the market that were just sitting there and he didn't have any other exit strategies.Now I have already felt the sting of my mistakes, and there is no need to shoot a wounded man, so I am not so much looking for criticism for investing with him, rather, I would like to know what you would do if you were in my situation and you had just heard that you would not be getting all of your investor monies back and that he didn't have any other strategy besides waiting for them to sell.Thanks for your comments.

By insisting the appraiser redo the appraisal, I came armed with information and wound up with a new appraised value almost $150k over the original appraisal.

I personally believe that the better way to judge the education of a series of books is by the success that had been attained solely through the education of that book.I've taught Real Estate between 2007 to 2015 in order to teach beginning Investors how to really understand the Financials in a much more sophisticated way and apply it to ANY investment, not just Real Estate.You would learn things like Discounted Cash Flows (DCF), Internal Rates of Return (IRR), Mortgage Analysis and Amortization, etc.Unfortunately, many of the students who read Books like these wound up investing in higher Cash Flow / Lower Appreciation Areas while they lived in the very high Appreciation Cities and neighborhoods.The results are that a lot of the Students completely missed the boat in areas that skyrocketed.For example, while I and several of my personal students bought a 3 Unit Brownstone in Bed-Stuy for $900k, put in $300k or renovations, the building today is worth $2.2 Million.We purchased with an 80% LTV Mortgage of $720k so our down payment was $180k.

We wound up earlier this year hitting the go/no-go point where we had enough cash to eradicate our mortgage with the savings we had.  

I am accustomed to profit after expenses of $80,000 to $100,000 per house.So, I am not at all impressed with how many flips someone does in a year, I am interested in how much profit actually wound up in their pocket and how many hours it took that year to get those profits.

We wound up switching to a CU and they really worked with us to come up with a future plan.

Ultimately, we wound up renting quickly through craiglist but I know a lot of landlords who had success doing more targeted marketing to prospective tenants that way.  

So I guess even though this initial offer didn't work out the way I planned, I actually wound up getting something far better: the support of a badass female who can help me take the next steps in my real estate journey!

However, trusts do eventually get wound down and properties/assets divested.