But NOTE: They have staying power and more money then they know what to do with.

Do you have the staying power to keep at it for a few years?

Specifically AB and BC transactions.

Giving users the power to delete a post results in the destruction of fluid conversations --- we tried it early on and it was very bad for the community.

In a foreclosure proceeding for a property that my company bought, I researched the servicer's default swap rules for Bear Stearns ABS Series 2005-HE11.

The remedies afforded to the Mortgagee through the contents of the Mortgage include:1) Possession2) Foreclosure3) Power of Sale4) Receivership5) Action on Personal CovenantJumping to the most common concept in that list, and leaving the others for another day, Foreclosure.

If PR has limited power, it's subject to publication and must be confirmed in open court.

Good luck Stephen : )  Having a supportive realtor and mentor is a big plus but honestly, its the will power to figure sh't out that makes it happen. 

I don't think you'll have cash-flow while you're living in the triplex, but you might pay less in monthly expenses because a lot will be covered by the other $1950 you get from the tenants in your property.It also seems like the area you're investigating is a B class or better area, where you will end up with lower ROI for the higher desirability and stability of the neighborhood. 

Time is such a powerful tool in real estate if you have the DRIVE and wisdom to act when you are YOUNG!