While some of us (including myself) would think that buying something that doesn't cash flow is stupid, if thats what the market cap rate is, thats what it is.Ultimately, I'm guessing the reason they do it is because they're betting on appreciation and/or combination of appreciation, principal paydown of rents,that rents go up so eventually it will cash flow positive.

SO that 36K would last me a significant bit, but it would eventually run out.

Your tenants will eventually pay off the note and you will have a very nice income stream. 

Eventually they will come down, but just be careful as these are sold as is, so do your due diligence.

Also, I have a growing interest in eventually holding commercial and multi-family units.

I am trying to figure out how to start the marketing process for a wholesaling business and also, wanting to eventually rehab.

At this point, my mother's health has in shambles due to stress and all the lawyers say to us is "they'll get out eventually."

He grew up in Great Falls and for the past 5 years has lived in Reston, VA, close to the Reston Town Center.From a young age, Kevin always had an interest in real estate and eventually developed a passion for the business after reading a variety of real estate investment books and studying real estate & finance at Virginia Tech.

If you default on one or both loans you can eventually rebuild your credit score but it will take several years and you may not achieve the 800+ score, but you could certainly be credit worthy with a score in the 700s in less than 10 years.  

He controls the board so I do not see any extra benefit with exception if he gets them dirt cheap he could eventually slowly sell them off.