They aren't really taught in books and I learned asset protection and preservation and some cool tax techniques.Is that appropriate for everybody?

While this hybrid model may preserve liquidity in the TBA and UMBS markets, it could also introduce regulatory uncertainty.From a market perspective, encouraging competition between Fannie and Freddie may offer meaningful benefits.

Minimal Holding CostsOnly $1,200 annual insurance and no mention of taxes/utilities being major costs.Assuming quick turnover, holding costs are very low, preserving profit.5.

Part of the receiver's job has been to locate ASSETS and PRESERVE ANYTHING LEFT TO CREDITORS ... including $5 MILLION that went to "UNDISCLOSED OFFSHORE ACCOUNTS". 

As someone who's (legitimately) employed dozens of people, written SOPS's, payroll taxes et al, while investing on the side the most valuable lessons I've learned is human nature.I recall a quote by VG Jason, once you've hit basic accreditation...wealth preservation becomes a high priority (paraphrased)I've learned, the hard way, as James noted, that no one cares about my $ like I do.

Then, when conditions preclude either one of those things from happening their entire model is underwater, with no clue (or inclination, for a lot of them making fat fees) on how to preserve LP equity.

Preserve cash, build equity, and learn the process of managing a property.

refinished the windows (sealing them and preserving the original windows of the Ice House).

Others are holding on, hoping to ride it out, but every delay makes the margin for error thinner.So here’s my question to the community:In this market, are you putting more emphasis on preserving liquidity over chasing equity gains?

A hybrid strategy—buy one property in cash, then finance the second—could give you a feel for both approaches while preserving liquidity.On #2 — You're spot on about Indy.