This statement came after it was completely rehabbed and re-rented.Some of the damage was from the tenants while living there (broken doors, frames, drywall) and some of the damage was due to what appeared to be cat(s) living in the unit unsupervised after the tenants moved out, along with food left throughout the unit with no power for weeks.

I have a tendency to think of questions after the conversation is over or days after (like how old is the roof?).  

Yes, without power and water it's hard to test items and realize all damage.

So if you get into trouble after six months, it's a different conversation than an extended vacancy in year 5, but that's where your point about risk tolerance comes in.The thing I Iike about used cars is the opportunity to find bargains.

Such investments can be a powerful way to grow your IRA, but your IRA is not a funding source for your own personal deals.

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Home Depot makes a $40 weed whacker that uses the same 18V battery I have in my power drill, so the frustration associated with maintaining it is minimal.I would second the wood chips, fake grass, and would also throw in pebbles or gravel.  

I can imagine the conversations that took place after that.

Looking for general opinions on closure rate if all these techniques are available:Cash purchase (wholesale less desirable option if necessary)Lease optionSub 2owner financeJVListYou get the idea, bored on a Sunday morning and looking to converse.  

From conversations with other lenders they all require pretty much the same things.