The extra hassle and cost easily outweighs the benefit of having the rental occupied immediately.Did I mention the point about screening the tenents ?

I have to think supply will outweigh demand as the boomers being to pass the inventory down.

Either way, just the time spent suing them will outweigh any judgement you receive.

For me what has sold far out weighs what's being listed.

Yes, there is a small tax impact associated with using debt financing, but the corresponding increase in cash on cash return for your IRA dollars far outweighs that cost.

Offering a low price to a highly motivated Seller however is a bit easier as their need outweighs their desire for a higher price many times.In a Pawnshop, there is no regrets, no thoughts about "gee I shoulda..." none of that.Everyone knows what you go to a Pawnshop for...Step 1.

But overall, the pros outweigh the cons.  

I would have to agree with @Doug McLeod that the opportunity cost could be very high on a very small cash flowing property and probably out weighs the gain.You should be able to get a much better rental in the area for that kind of investment (time and money.)

Does it outweigh other considerations or not.2.

In my mind, this would be a good option, but I need to actually FIND those properties first and for them to really have a good return to outweigh the rent that we're currently paying ($2000) so that it *balances out* our loss, I feel like this may be really difficult to do and may take a lot longer than.