Nice!

Jon, In the city of Baltimore a nicely renovated row house with 3-4 bedrooms, 1000-1300 Sq Ft.

In southern California, as you know, million dollar properties can be a tiny old fixer, or if further from coast, a nice house.

So much for thinking this could be some nice old grandma.

I personally wouldn't buy a lot unless I know I can unload it fast and it has characteristics that would make it move fast (great view,cul-de-sac,nice big lot,etc.)

The house is in a generally nice area.Unfortunately, the PM is the rudest person we have ever met and the reviews online by many other renters show we aren't the only ones who think that.

Congrats on your first deal, it's nice to step in from the sidelines.Your deal wouldn't exactly have me getting excited.

I settled on a condo unit for a few reasons: in my target town, an affluent college town, I cannot afford a house that would be a nice enough neighborhood to attract the type of tenant I want.

if the land has really doubled in value, the lender would do better to take back the property sell himself...maybe that sounds like a hassle, but i know of a hardmoney lender who preys on borrowers and does better when they default...sell the whole property and it sounds like you made money...now, he may do some sort of a release, if you ask him and an attorney..just depends on how active he is in realestate, aware he is about the values and the opportunities, and how nice he is :)

In their nice home, they had one smoke detector that was at least 20-25 years old.