She got herself evicted over it, I got my life threatened over it (which she then had to spend months dodging service for a restraining order over), had to continually travel back to Colorado for court dates after she moved out of state and now owes over $20,000 back to me/my lawyer over it.Last I heard, she was still living in a travel trailer, having to move every 30 days because the eviction on her record is her third one and nobody will now rent to her. 

I would not spend too many resources trying to get this money.

The mindset of changing your spending habits to investments rather than liabilities for the rest of your life is all that you really need to be successful in this.

The mindset of changing your spending habits to investments rather than liabilities is the key.

@Michael Chiafulio I'd be happy to spend a few minutes to understand your goals and see if my market works out for you.

Let’s assume that the economy continues down for the next few years (interest rates are up, Credit is limited compared to  previous 8 years, spending is reduced and overall asset values both financial and RE are down). 

The multifamily market is booming right now, so if it spends more than one day on the market at that price there is a reason. 

Clearly I need to spend more time with him. 

Also, we are not replacing cabinets because they are really cool and retro, so we don't want to spend much on the counter tops... we will do a completely new kitchen in 7 - 10 years.

We could see RTC all over again.This is why we're spending so much time building out the infrastructure for our distressed debt arm.