I still feel burned but lesson learned.I had a similar gut feeling that I should have listened to, but I wanted a tenant in ASAP to cover the next months mortgage.  

The question is it worth the risk for a possibly better rate with the chance of getting burned?

The mortgage banker will refuse to work with you in the future (I would if were them).So be careful before you burn bridges.

When Fed burning the money, you see the same effect like today where index dropping and home price relatively flats.So both investing at index and RE has its pro and cons.

And without doubt, the pandemic injected trillions into the economy that have been slow to burn off.So let’s look at 3 charts: Personal Savings Rate as a percentage of disposable personal income, Credit Card use, and Consumption as a percentage of GDP.Disposable Personal Income is after all taxes are paid.

If the house burns down or otherwise, YOUR insurance is what covers that incidence.

I know the territory and it's really hard to find agents that work with investors because they have been burned out before and because of this, some may charge a fee (we don't).

Karen, I'm still amazed, and happy for you, that you found that good deal on a burn-down in Lake Forest.

See one thing about me I'm a go getter and I've already been putting hundreds of hours in and building my knowledge, so just because these people burned me and really just spit in my face with their customer service.

I sent a series of letters that targeted owners who owned their properties for 15 years with hopefully equity and possibly a landlord who was burned out.A 79 year old gentleman who owned his property for 21 years contacted me.