guess what they e mail you and the mobile service guy comes to your home and services your car on the spot..Wall st.. shorted the heck out of them that cost a bunch of stock value but its bouncing back.. 

Because of my marital situation I was not prepared to take advantage of the bounce in real estate. 

@Matthew Otero - Once you reach that magical cash flow number, do you think you will bounce on your W2 job?

Furthermore, may I contact you via email so I can bounce my experiences.  

Don't just let them write you a regular check and see it bounce when you go to the bank later, or initiate a transfer that can later be rescinded.

There are several economic drivers within that area that have been bouncing back- albeit slowly- since Hurricane Sandy came through. 

If you're keeping the properties all through the downturn and collecting cash flow, the prices will eventually bounce back up and your ROI will go back into positive territory.

You will survive. good underwriter looking at your tax returns will see you own the debt and the asset.. probably gets bounced.. this is what HML did pre 08 all of our loans went to buy and hold folks and we did rate and term refi.. but we were a true third party lender .. its was a great gig while it lasted my average turn on my loans was 92 days.. and the buyers not only had no money in the deal they got refi proceeds usually 5 to 8k a house and they would do 4 and a time.. now they were suppose to take the refi proceeds and put them in their reserve account.. but alas the reserve account ended up having Jets skis in them instead maybe a new car.. or that trip they wanted to take.. etc etc.. anything but where it was suppose to go.. 

If there are any other engineers that have made this transition or have considered this transition I would love to chat about your experience and see if there are any opinions we can bounce off one another.

I’ve had a rough middle stretch in my investing and am ready to bounce back again!