The calculation of net realizable value is based on several estimates which may ultimately vary materially from actual results, including our estimate of the price at which we expect sell each home in inventory and the associated expected costs to sell those homes."

There is more than one way to skin a cat.If you have a long term outlook (which you should at your age), it is pretty tough to beat appreciation numbers in Los Angeles.

@Michael Conte the seller and his agent have disclosed material defects in which they are both aware of. 

Finding the deals... the Denver market does have tough margins, but I know a lot of flippers that do well and create a business here.

Tough decision but at the end of the day you're selling an asset to buy another asset.

The property’s suitability as the taxpayer’s principal residence materially changes.c.

I've begun my education journey into real estate investing and would like to materialize a plan to obtain a first rental property.

I would like to find someone who would put up the cost of getting the house and the cost of material to repair.

This is a tough decision for first time home buyers.

It may be tough for many, but that detachment is the only way to grow.