. $40k profit is nothing to sneeze at, but that amount gets eaten up quickly by rehab & holding costs.

Then eventually sell the 3 bedroom and purchase an apartment building.Highlights:*Their plan is modest*Accelerated pay down ends Year 2*Sacrifice for 2 years*By retirement age they will have an apartment building netting $8k a monthThese families are not wildly rich, but they are comfortable, which is nothing to sneeze at.

Even 5% annual appreciation on $900k worth of property is nothing to sneeze at.

Now I woke up with a sore throat, sneezing, extremely stuffed up, etc.

The only time it is a good idea to follow dumb money is after it crashes and today's dumb money, out of state, don't care about price because it cash flows buyers become tomorrow's distressed sellers and foreclosures ... and the trouble may not even originate in that market (though it may); last downturn when LA sneezed, Phoenix and Las Vegas caught pneumonia.

Not a screaming deal, but an OK one, especially if you think there may be some appreciation.  10% cash on cash is nothing to sneeze at.Be aware you are a participant in a partnership.  

One sneeze away from pneumonia.There is more capital than good deals available in most markets. 

She said he was having a sneezing fit... 

HahahI do agree, $90k is nothing to sneeze at.

You could theoretically put 10% down on a $500K home ... that's nothing to sneeze at.