You have 1.3%.Now you plan living in the Coach House (not sure what that is) but I'm sure that means you'll be losing one of you income streams.

Some of the agents will even carry their pro forma sheets out for 5-10 years to show you their speculation on what the income stream will look like at those points.

Here are the stats:I have total into the house $55kCurrent value is around $70-75kI owe about $20kMy PITI is $425/moCurrent rent paid $895/moI would obviously be making money off the sell but I am also giving up a stream of revenue if I can't find something else to buy should the option be exercised.

Flipping houses requires constant attention to keep the income stream coming in.

It seems lately from your posts that you have looked at real estate properties to own,note buying,and now restaurants.I am trying to determine if you are placing money in multiple streams or trying to place money into one type of investment and seeing what fits looking at multiple things.There is a difference between taking say 30,000 of cash and putting all that cash into a restaurant and having 200,000 and putting into multiple things.If the restaurant doesn't work out if it's just a small part of your overall portfolio it is okay.If it is a majority of your cash into that one thing it can be a bad investment if you do not know how to analyze properly.You might want to look at business brokerage.This is where I help people analyze buying the assets of a business.Since you will not want to run it day to day you will be what is called an "absentee owner".Businesses can give a great return when purchased properlyAny specific questions just ask.

Their entire revenue stream is dependent on finding tenants with landlords who will use them again in the future, so their reputation is extremely important for their survival.Advantages of Using a Leasing Agent: Saves you time of showing the unit, getting stood up at showings, and fielding phone calls for information on the unit.

He asked why the carpets were pulled up and blood stains on the trim haha.

Problem is most people are fishing for bass in a trout stream.

This is a career move for me so I need to make sure that I take my time and really do my homework on the first couple and I'm sure that I will learn how to stream line the process and be able to move along quicker after I have a few under my belt.

Anthony de MelloAt some level you are already see things differently as you see streams of income when most people do not even notice.