The x-factors are a media pumping pumping pumping fear and calamity because we are in an election year, nothing new from the playbook on how to defeat a sitting President, it has always been to diminish economic health and capacity to command in crisis, has gone on for a long time, just never at this scale before.

Its also nice to have the capacity to run some motion lights later if you need to off any line. 

Examples of financed properties that do not have to be counted in this limitation include:■ Commercial real estate■ Multifamily (five or more units) real estate ■ Timeshares ■ Undeveloped land ■ Manufactured homes not titled as real property (chattel lien), unless the property is situated on the land that is titled as real property ■ Property titled in the name of the Borrower’s business provided that the Borrower, in his or her individual capacity, is not on title and/or is not obligated on the property■ Property titled in the name of a trust where the Borrower is a trustee, provided that the Borrower, in his or her individual capacity, is not on title and/or not obligated on the property (iii) The monthly housing expense related to the Borrower’s current Primary Residence must be used in calculating the Borrower’s monthly housing expense-to-income ratio (iv) Regardless of whether rental income from the Mortgaged Premises is used in qualifying, the reserves requirements in Sections 5501.2 and 5501.3 must be met (v) The aggregate negative rental income from all rental properties must be treated as an obligation and considered in calculating the Borrower’s monthly debt payment-to-income ratio (vi) Borrower Funds must not include gifts from a Related Person or gifts or grants from an Agency as described in Section 5501.3(c) (vii) If rental income is not used for qualifying, the monthly payment amount (as described in Section 5401.2) for the Mortgaged Premises plus operating expenses must be used in calculating the monthly debt payment-to-income ratio.

Now, one group has exceeded my patience capacity.

Wholesaler may find an owner without capacity willing to sell $100K below market. 

A few examples of the many lines that would be crossed by doing this (I stopped looking for examples after around Article 10, I'm sure there are my others):Article 1: When serving a buyer, seller, landlord, tenant or other party in a non-agency capacity, REALTORS® remain obligated to treat all parties honestly.Article 2: REALTORS® shall avoid exaggeration, misrepresentation, or concealment of pertinent facts relating to the property or the transaction.Article 4: REALTORS® shall not acquire an interest in or buy or present offers from themselves, any member of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, any real property without making their true position known to the owner or the owner’s agent or broker.Article 5: REALTORS® shall not undertake to provide professional services concerning a property or its value where they have a present or contemplated interest unless such interest is specifically disclosed to all affected parties.Article 7: In a transaction, REALTORS® shall not accept compensation from more than one party, even if permitted by law, without disclosure to all parties and the informed consent of the REALTOR®’s client or clients.Close on the deal yourself or broker it to someone else who can.

No REI strategy will work to capacity if you are not buying right.

It is just as important to have a low monthly overhead and live below capacity.  

Most tenants don’t have the mental capacity to understand how those doors function so it’s best to just rip them off the hinges yourself before they do

This also now becomes an issue for all those associated with them in any capacity.