other wise go do it yourself.. like Ivan was saying.. those of us in the business can do this no problem but we create our income.. and our investors come along for the ride.

At the end of the day the 10% taking action hopped in the drivers seat, the 90% that didn’t are just along for the ride and enjoying the scenery. 

Whereas with the property with more equity they are much more likely to get all of their money back including all forclosure fees, etc. if hey foreclose on that property.The key to all of this is to make sure your property cash flows, then you can ride out the bad times.

It has been a long ride LOL.

Some markets like San Jose and Seattle are major roller coaster ride markets that go way up and crash way down. 

@Kevin Romines  or sweet talking your self into owner financing  :)   in some markets were you have a ton of distressed assets that's not to tough.. but out here on the west coast pretty tough... not that it can't happen.. but usually you pay a premium for seller carry back.. so not sure its worth it in a buy and hold scenario.. one could target hoarder houses and really rough stuff.. get into title use your cash for fix up then refi.but bottom line.. its mainly hyperbole that one can make money in this business with NO money.. its the tag line for all the wholesaler Guru's seller their systems.. but you need money to buy their system.. and you need marketing money etc etc.Its amazing to me how real estate has morphed into this public conscience as a highly leveraged and get rich slowly or quickly idea..you know guys like us we had to work our way up.. !!! 

No one can actually answer this question without real-life examples so it's fairly impossible, but one thing is for certain to me: the owner of Property #1 actively invested and created their fortune, while the owner of Property #2 hoped for a fortune because short of a hunch 30 years ago, they did nothing more than ride a market they hoped was prime for appreciation.

If this is a walk/bike ride to the Hospital, than you should have no issues renting it out.

I'll often ride out the existing unit until it eventually fails, but I'll still set aside that budgeted money in the CapEx account for when I'll need it later.I also try to replace borderline systems up front as part of my initial rehab.

The Boise, Idaho market has been on an insane ride the last few years, with prices exploding to levels many people who live and grew up here never thought possible (I remember back in 2006 when I got out of the Air Force, you could get new-construction houses in Nampa and Caldwell for $70-80k).