Ben Winchester Morning Ben keep the money in the bank until you find another deal because you don't want to gamble with the money if you're planning on doing rental believe me situation will come and you will need the money.

Renting out property can always be a gamble, with the risk of a bad tenant who could, for example, smash a hole in the wall or bail on paying rent.

traditional stocks have paid 10% since the depression. you could put it in a roth ira, buy a total stock index fund from vanguard & keep it there until retirement & cause yourself a lot less hassle.but if you're gambling on appreciaton, with the leverage, then you can outdo those returns. at 3% appreciaton, you could get 20% return.

Speculation is when you gamble that your short term exit plan will produce a profit.

last home i closed on a property, the bank made me sign a document promising my company wouldn't operate any illegal gambling operations...this with a bank i've closed loans with before....they're constantly adding paperwork to closings....get ready

If you are going for appreciation/gambling, then open any real estate article and they will tell you the highest appreciation that happened in the previous quarters.

This would be a gamble.

However, one thing is certain, if you are going to gamble, Las Vegas is ironically a good place to do it.

High rates of return are addictive and there is a fine line between investing and gambling.   

It can't/shouldn't - unless you have a partner you really trust or want to gamble.