Then it's just a matter of time before I find one good enough to go for. 

Also, known as "cram downs" the reduction of principle owing by the court which can be applied arising out of other matters such as predatory dealing.....but that's another matter.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthereSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions,take action to snag your first real estate investment deal if new or add to yourexisting holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

you do owe it to yourself to Check out Grand Junction Colorado Investment oppurtunities as well as the outdoor life style " A GOOD DAY OF FISHING AND HUNTING is ALMOST as GREAT A DAY as INVESTING " lol  No matter where you go watch out for those California Transplants lol !!

Take time to respond on forums, make connections with other active members, make those calls, and attend those meetings because no matter what direction you take in real estate each new relationship can easily have a lot of dollar signs attached to it for all involved.Quick info on the deal:My first deal is a 1200 sq/ft Cape Cod I am adding 850 sq/ft to and converting in to a 3bed 2.5 bath colonial.

This i feel might be a matter of opinion, but it is something that I'm trying to see what your opinions are.

They have never fixed pipes, not matter how minor the issue. 

Problem is, you have no legal right to enter the property until until after the full amount of the bid is paid, and this risk of 'potential unknowns' makes getting even hard money virtually impossible, no matter how good the deal is.I always allow for an absolute maximum cost total rehab in my figures on any property I bid on (and always check the property externally), and there's still plenty of 'meat on the bone'.

(i.e. who determines what needs to be fixed vs. something that we want to fix, does that matter etc...)Thanks!

Obviously it is awful the tenant had a heart attack but the fact of the matter is she is already 2 months late.If anything, the heart attack is more of a reason to evict her.