With every positive there is a negative so don’t let the negative hold you back, just figure out what the positive of that is and focus on that!

However, as usual, we ran into the unforseen and the project went over budget, and the timeline was extended.

As others have said, it usually takes about 5 days for a Cozy payment to hit my bank account, but one month the tenant paid by credit card and it was in my account the next day.

Usually, the meeting to decide the fine can be anywhere from 10-90 days.Most governing documents have a minimum number of days a homeowner must be notified but not a maximum. 

Usually, commercial espresso machines cost $6000 and, I will need another $5000 to invest in property and furnishing.

people in default have already gotten many many letters from their creditors and now there will be many many letters from individuals trying to buy their home.If they wanted to sell it they would put it on the market  .. these particular folks usually wait till the last minute to make a decision or in many cases have no real equity so its not a deal anyway.. while you can try these I think you will find the return by just sending out mailers will be pretty low. these are bought by door knocking and establishing reporte'  at least that's our experience of doing this for a few decades.  

All of the above, plus you might want to check Meetup for info about the Self Directed Investors meeting, which usually involves REI to some extent.

I had negative income in taxes and sub 700 credit and was financing $1m deals all day long. 

We usually budget max $5000- $6000 but typically around $4000 per unit.

When your getting started in RE you’ll have no shortage of negative people and chicken littles in your life telling you 857 reasons why it’s a bad idea ,why it’s risky ,why it won’t work ,why you’ll lose money ..etc instead surround yourself with wise counsel and don’t allow your fear of losing money to overpower your desire to be an investor.