Do you grasp conceptual arrangements well, can you play chess or does a game of checkers give you problems in planning your next move?

Even with flipping if you use hard money the lender will want skin in the game ( money down and points ) to do the loan.The reasoning is if the rehab gets tough the HML wants it to be painful for you to walk versus just handing it back to them.A good contact for flips is J Scott on here.

We used to go to the Louisville area for games and tournaments.

But that's the angle I would play.

Also, since real estate really is a numbers game, your math and analytical ability will really help.Don't worry about not being a handyman - let someone else do the $10/hour stuff while you use your greatest asset - your mind.

This has been the old scam of investors, part of the reason I'm sure new laws have been adopted and such plays on the formation of a new regulatory agency, the CFPB, so far, they don't appear to be very investor friendly,doubt they will be in the future either.As Marc pointed out and as I mentioned, any note buyer will be considering the collateral, the market value.

I will likely update my lease to have a simple $35 late fee after the 4th and on the 5th automatically post pay or quit notices and just play hardball.  

Thank you Dion, these waters are rather untested to date, the insight I provided is from experience, there are many "life events" that can come into play after a note is made, not just can, but do.The best thing to do is to avoid issues popping up in the future.Don't misunderstand, the lender and the borrower ultimately must agree to the terms.

We seem to have similar game plans.

so im new to this site as well as to the investing game. i currently own a property which is rented by my property manger ( my real estate agent). im earning a positive cash flow since it was purchase paid in full no mortgage.