Then, compare those returns with the stock market’s historical 8-10% long-term gains to evaluate whether the investment makes sense.Also, consider whether you can comfortably cover the $1,000 monthly shortfall.

It’s taking Seller a while to provide the HVAC report but while time passes after due diligence - Flooring cost is way too expensive at the price point they’re asking for 130K + Care of property never took place till decided to sell so I’m not comfortable any longer - Home sits on corner lot on a slight hill with crawl space - Lots of weather changes has caused the home to settle + improper supports needed. 

The extra cabinets I needed in order to complete the design ended up costing $2,000.

If you feel comfortable, ask questions.

It’s not really enough for me to be comfortable leaving my full time job so I’d like to learn how to use the equity tied up in these properties to scale up & get to where I want to be asap. 

If you're comfortable with living on the outskirts of Sioux Falls, the no money down USDA loan may be a perfect option for you.

So it really comes down to risk management and how comfortable he is with debt.

That same renovation now costs $100,000 with added permitting/design expenses and lengthier permitting timelines. 

I’d buy there as much as I can comfortably afford regardless of MTR strategy.

This includes understanding your budget, securing financing if needed, and determining what you can comfortably afford.Research is key.