So, to invest there would be solely for the appreciation play in my opinion and I would wait to see how this Turner thing starts panning out first, actually more so the potential developments there.

Then the bank may want more time to see how your industrial real estate plays out and may refuse to use your rental income from your industrial tenant till maybe the first tax year or two depending on the lender.

Im thinking of buying a duplex or something since I'm about to be done with my first house flip and will have a good chunk of change to play with.

I do not wish to be on the bad side of anyone including all you wonderful people here who have helped out lots of newbies :-) ,I have seen topics about using Bandit Signs and as I have told Sydney, Bandit signs I am uncomfortable with especially since I was in one area (and this is just one area alone)I have counted 15 different Bandit Signs in one spot all with different phone numbers which tells me that a lot of wholesalers are vieing for one area, and there is another wholesaler who really play the numbers and that one has more money because he/they are actually using Billboards to advertise "We Buy Ugly Houses.com" which costs way more then Bandit Signs (and those won't get taken down lol by the Bandit Sign Police lol).

It's amazing how playing with some colors and a little yardage improves curb appeal and the value.

That would also be a CoC of like 9.3% if we upped your cash to more like $58K by doubling your closing cost estimate.So as you can see we can all just play around with numbers all night

He provides some really good insights on how important presentation is and how easily it can turn a bad situation into a win/win.Let us know how this plays out!

If so, where does the bankruptcy part come into play?

This is not an uncommon occurrence.Great discussion and I'd like to play a little devil's advocate.

It takes money to play this game, but the money doesn't have to (and likely shouldn't) be yours.