I think we do a disservice to our community by getting into deals assuming the best only to find ourselves faced with the worst.I would contend there are many areas where you will see little or no profit on the sale of a house whether its in one year, five years, or 10.

Yet, I still contend that if you work your system...your system should work.

This is something you will have to contend with and work through.If the property is profitable, and carries minimal risk to you, it may be worth considering.

That's because the first year of PMI is pre-paid for loan set up, no returns.Good stuff guys.Probably won't have the seller carry backs, the 80/10/10 OO deals anymore unless the seller is exempt from the new requirements, then you have a servicing fees to contend with on the second too. :)

My hubby and I would rent out our current house because we do have a mortgage to contend with.

Even if you get a PM, You'll still have to contend with the propety(ies) in some form.

The most difficult to contend with was when the plumbing under the slab of the house had developed multiple leaks and needed to be replaced!

Any third party buyer at sale and any lender getting the property back has this lease issue to contend with.

Aside from the painting, you will have holding costs, advertising expenses, realtor fees and misc. sales fees to contend with---although your gross profits are in the neighborhood of 30%, your net will be something significantly different.

You might work with a commercial broker who could help you sell you four current buildings as a portfolio.I'll still contend it comes down to numbers.