I've found the responses you've gotten to be most informative.I have 15 years of financial experience (credit & equity), but let me also preface that other than finishing up my MBA very shortly for which I'll have a real estate concentration, I have no direct RE experience besides owning my own home.When you're contemplating a transaction or generally evaluating your RE business, let me suggest that you identify a handful of the most relevant risk factors you're exposed to.

., depending on the plan document), but generally speaking you cannot.One thing I am contemplating, though, is backing out CONTRIBUTIONS from my ROTH IRA in order to come up with some down payment money.

I have been working in Flint right at 475 and Dort Hwy for the past few weeks.I have been contemplating researching the area since it's similar to Detroit in regards to lots of cheap houses.

If you are planning on investing in the US, I'm not sure why you would even contemplate things such as rehabbing and managing rental properties.

Property values have also decreased, so the negative equity is significant.I've contemplated a short sale.

I'm still contemplating it ... our renovations are ending this week and then we'll see ...

I have been contemplating painting mine, or stripping the white wash off.

Don't contemplate, take action.

Three months might still be too soon, the sale being contemplated, that's why I said see an attorney.

We've since moved to Athens, about 30 miles away, into another house that we paid cash for and I'm going to be forced to rent the first one out b/c I don't want to sell it for a loss.Now, since I found biggerpockets, I've become intrigued in RE investing and am understanding a lot of things I've never contemplated before...ie. being a landlord is OK and maybe I shouldn't of bought the houses outright...Anyway, the old hindsight's 20-20 deal...A little about my wife and me: I'm a meter reader for a natural gas company and I'm also in the Air Force reserve, and she's an elementary music teacher.