I would like to find out what the current owner is renting the units at and the expenses that are accurate so I can evaluate on actual numbers and not guessing.Thanks BP!

Buildings 1 and 2 are almost done, so we will have actual pictures soon. 

I'm new to investing, and this is actually the first property for me.

You need to see what zone, A, AE, V, X...I actually had a property removed from the floodplain via a LOMA - Letter of map amendment.

There was a recent BPMoney podcast on dealing with excessive student loan debt.

They have someone working hard at cleaning up the comments v.s actually doing any work lol.

Having lost $100K in my first round of OOS in the Phoenix market, I actually won't mind give it a 2nd try, but this time around, I would ONLY buy at pennies on the dollar...

After speaking with the owner I find out she actually has three lots she is looking to sell along with the distressed home I originally found.

After speaking with the owner I find out she actually has three lots she is looking to sell along with the distressed home I originally found.

Your cash flow is actually significantly higher in the HML's 9% loan than your 6% amortized rental loan (over 10 years which is very aggressive).When you refinance, lets assume about the same closing costs (except taxes and HOI, since HOI will probably be escrowed and built into your payment).