Sounds like you are working hard to make some money, this seems to be a common trend around here.

but perhaps you could do the common areas with new molding and leave the bedrooms as is.

We're all biased towards incredible stories.We end up thinking that "high school drop-out turned millionaire" is much more common than it actually is, because we hear that story much more often than "high school drop-out turned out exactly as expected".My rule of thumb: get the best education you can, unless a better opportunity presents itself.

Commercial developers commonly have this issue.

Not common but something to watch out for.

If you want to buy liens or are building a strategy that is not common speak with a professional in the state that really knows the rules.

If so was it a common activity or more of a one-off?

The specifics of each deal and what strategy the investor is utilizing would make a difference as to the importance of certain types of information.As you put it, for my business model equity is extremely important, and that fact probably influenced my eagerness to split hairs.

I make a very good living here and am not trying to become a real estate investor to get out of debt but am rather coming here with a fairly important amount of cash in the bank that I would like to invest in real estate.I would like to participate in your forum and start building a network because laws and possibilities in the US are very different from what I used to deal with in France and I would like to avoid the most common mistakes right from the start.If I can help with my knowledge of real estate in France or Cuisine tips, it will be my pleasure.

At the same time I sort of figured it would be common for an investor to buy a deal (discounted price).Any comments from anyone?