Welcome to BP @Spencer Wilson and welcome to the game.

I'm too old for that, it's a young man's game being a grunt.

There are plenty of things in place that make no sense.Just be glad the funds can be gifted and they are not required to be "seasoned" in your account.If you want the property you have to play by their game.

During that time, they are not paying rent, so you do have loss of rental income if you are counting that.When your eviction fees are that high, that would totally change the game!

I was hoping to get a good discussion going from some of you out there that have been in the game for a while and doing it successfully.

People have gamed the system with strategic defaulting to such a degree that the risk is too high for lenders, and some state law changes such as in Nevada made it very difficult for banks to foreclose: as a consequence, home loan is factually not secured anymore .

It is all a cat and mouse game and if someone is willing to spend enough time, effort and money, I have no doubt they could eventually work their way up to the ultimate partners, or at least our family trusts.

At you age I think I was more concerned playing computer games.

Getting a heads up on new listings is one way to stay ahead of the game.

I'm a licensed contractor and real estate salesperson in Mass, and I've personally done a couple of rehabs, a tear down (for my now-primary residence) and had some success investing in non-performing notes (@NPN) during the height of the financial crisis.I'm back in the game after a couple years on the sidelines.