I'll continue where John left off...What is your exit strategy?

If you think you were a victim of New Century you will continue to not see the person in the mirror who is the main cause of your problem.You did not do your homework.

Adolph said it's difficult for average homeowners to fight against the power of developers and well-organized associations.

Third the builders here continue to build new housing again flooding the market with competitive priced new homes that can be purchased for what a house built 12 + years ago.Even with all of this going on I believe I have found a niche where I can invest.Hope that answers your question.

*I've found that such people typically turn out to be horrible clients, because they do not know what they want starting out, and will continually add on and change things throughout the life of the project.

It sounds like you're off to a good start, and I hope that BiggerPockets can help you continue to expand your investing career.Good luck and welcome to the site!

Or they will retain the right to continue to take other offers.If you need some cash to fund earnest money find a second job for a few weeks loading truck or something.

They are too maxed to sell it, but are willing to continue to carry the second to get out.I dont see how I could sell it later because of the second, renting would get me just about 2k month.

If I was in the situation you are in, I would continue doing your due dillegence.

I do think you may have to look for other cities in which to invest in cash flow though if you continue to come up against brick walls.