Eventually you might need or want a property manager, as it can expose you to more deals in more areas.

Somebody just builds a nicer, newer place farther out (although eventually this may change as people will tire of driving farther and farther).Also, property taxes are the second biggest expense after mortgage and at roughly 1.25% of purchase price with a 2% capped yearly increase, CA taxes are much more favorable than say Texas, which are roughly double and have no cap or even Indiana, which charge investors a much higher property tax rate than homeowners.Finally, costs can be a little lower here.

The house itsself has an unfinished second floor which would eventually be a.rental unit and I would occupy thefirst floor.

Take the profits and grow your operating fund to eventually invest in additional properties.

Eventually, your "regular car" will have a switch that puts it in full auto mode.

In my mind, there is little question about the airport happening eventually (I would expect within 10 yrs).

Obviously, she'll eventually get cashed out when the buying game slows down. 9% would work for me for the right types of houses and the right type of investor.

i eventually want to get into what you do.

When I do eventually pursue this full time then my strategy will definitely change.

But in general, yes, judicial simply means that the foreclosure is handled like a lawsuit, with both parties having certain rights and remedies, which they can assert through court proceedings.Usually borrowers don't try to fight the foreclosure, so the lender eventually gets the "final judgment" of foreclosure, after which the property is sold at auction (usually on the courthouse steps).