Well guys, the **** hit the fan here. My parents bought a spec-house (signed papers in April) about 160 miles away on the west coast as a summer place, not a cheap sucker, running in the neighborhood of $700,000. Their plan was to sell a waterfront lot they own here in our home town and basically swap properties in theory. The propery was put on the market 4 months ago, usually lakefront here has been selling like crazy, you Seattle guys know what I'm talking about. The house closes in about a week or so and still no sale on the waterfront lot so I think my old man is going to pull the plug on the excavation biz, it's not looking good fellas. He says he can't go into the winter with heavy payments on the equipment and a huge mortgage on the house. So everything I've worked for the last few years is gone. I slathered myself for this opportunity, turned down good operation jobs for the summer, put my heart and soul into the business because this is my ultimate dream. I had a college account that my parents had saved up for me that had about $25K in it, that was liquidated months ago to pay for change orders on their new house. I had about $5K in mutual funds I had been personally accumulating since I was about 13 that my dad sold so I've lost that money as well. The worst thing is that I've had my eye on a commercialy zoned piece of land here in my home town that would be perfect for running the excavation business out of. It has a 3,000 square foot house on it that was grandfathered into the commercial zoning and the mortgage for that was going to be about $1600 a month or so. I took a pay cut, told my dad to keep half of my hourly earnings and put that toward my house payments. This started in April so I'm down almost $5K just on that deal. As for me, I don't really know what I'm going to do. Probably help a buddy out finishing a utilities job we started a couple days ago and then head back to Seattle about a month earlier than planned and look for a job. Since I've been screwed by my dad, I really don't have as much money as I'd like for school, so I might pass on fall quarter and go back this winter and keep plugging away at my Associates degree. It's been great being on here, but it looks like my equipment operation days are numbered for a while. It sounds like by next week or so the 312 and 277 will be on the chopping block, maybe the 303 and 216 as well, I haven't actually consulted with what my dad was going to do exactly, all I heard from him and my mom (the accountant) was that they're dropping the equipment, not entirely sure what that includes. I keep hoping that he's just blowing off steam from a bad week, but I really think he's actually going to go through with it. The really sad thing is that we were really getting going in the excavation biz, I had some fairly good prospects on a couple upcoming jobs and it really sucks that all my hard work trying to get this thing off the ground is going to hell for a stupid ass summer home. The even sadder part is that the payments aren't killing us, we're making good money, the new equipment didn't help things but we were covering it pretty easy. Problem is, when you can't sell a piece of property and you've gotta close another, you need a little cash to fill that mortgage through the winter and excavation is extremely seasonal out here. I'm sure years from now I'll get back in it, probably won't be able to afford property back in my home town as the prices here are fairly outrageous already and won't be any better later down the road. That was my whole plan with buying a house now, I'd actually have something when I got back from school. A place to live, some equipment, and a good business going for me. This whole stint was never about greed at all, the money wasn't the issue, I strictly got involved because I really love playing in the dirt, but those hopes and dreams are gone until I can drum up some of my own capital and get some cheap equipment and get going on my own. I appreciate everyone's help, sorry for the friggin story book here, but it's almost as if this place is a second family for me and I'd like to keep everyone informed. I guess I'll be drifting through time to time, we'll see what happens. Take care everyone.