The rates on the 4 unit are astronomical even compared to what the current owner is paying (about 190/mo).

I frequently speak with folks who are finding out that:A: They have a partial claimB: The partial claim amount is astronomically higher than expectedC: HUD failed to record their lien (not as common as A and B) and then was forced to pursue the homeowner after a saleSince FHA has been basically pushing everyone they can into a loan mod per "Covid mortgage rescue" plans, these will be an ongoing issue for many years to come.

The return I go on $28k is astronomical and allowed me to buy other properties with the equity growth later.So it doesn't really matter if I make $1 million minus $28k invested ($972k) or $1 Million minus $21k invested.I know a lot of Investors here on BP seem to think that's a big deal or that I shouldn't buy for appreciation, but you can read my post.

I turned to the management company (everything is recorded in emails that the payment was made, etc.)I turned directly to hoaThey claim that they can not do anything because the matter is already handled by lawyers.And if I wanted to sue their management company.I turned to the lawyers (every call to them is subject to an astronomical fee, the management company that manages the properties for me,In fact, unknowingly, inflated the debt when they tried to find out what it was about and why the whole mess?

The days of listing your renovated investment for an astronomical price are gone for the immediate future.

Second, what’s the story with property investing in AUS given the astronomical purchase price compared to rents and the newly restricted lending policies at the major banks?

Looking to see if anyone has done this before, and/or if these numbers look worth it:I have a long-term goal of owning a "snowbird" home in Jackson Hole, WY, but prices there are astronomical. 

And usually the first stop on the search is Sacramento, just a mere two hours away near the top of the state’s Central Valley.But besides the astronomical housing prices, there’s one other thing that Bay Area investors are looking to escape in looking for greener pastures… rent control.If you’ve been asleep at the wheel, you might have missed the news that the state of California will have a measure on November’s ballot to repeal the Costa Hawkins law passed in 1995 the prohibits local communities from enacting rent control policies.COSTA HAWKINS LAW QUICK OVERVIEWNo Rent Control on Single Family HomesNo Rent Control On Properties Built After February 1st, 1995Allows Landlords To Raise Rents With New Tenantshttp://www.kcra.com/article/ca-ballot-measure-aims-to-help-cities-like-sacramento-with-rent-control/21756945*** One tenant in the video says she’s living in an 813 sq ft dump off Fruitridge and paying $1,400/mo in rent.

I would think the failure rate on something like that would’ve astronomical.

I remember I went to a seminar once about note buying and they would give astronomical/almost made up numbers that made people want to get into note buying/selling, performing and non performing notes, but how realistically is this?