Inventories of existing homes for sale have continued to improve over the last two quarters, declining from 3.2 million in the second quarter to 2.4 million in the fourth quarter.

From the numbers you just posted, if you sell now, buy three houses, stay in your current rental, in two years you could have saved up enough $ to buy a fourth house.

Ken Latchers - Thanks for the feedback, I really appreciate it- I'm pretty sure I addressed or have thought about your concerns at this point-1) I found a cost effective HSA/high deductible plan which should fit well, 2) Agreed- the lack of recurring, reliable funds is a trade off 3) I will have $50k in cash reserves, plus already have a RE LOC at $50k, credit card max of $30k, and 3 F&C properties just in case, 4) I have already secured the funding to continue growing over the next 18 months at the current rate of 2 properties per quarter.

If it's a longer job then usually work something out like 10% upfront and quarterly payments until completed.

I guess the real question is: Do you want to own a trailer park for a quarter million dollars, or do you want to do other things?

This provides a great shaded covered pation are below.You might consider a small kitchen area, 6' of cabinets, a fridge hook up and a small sink bar, it can be a wet bar or with a bedroom down there a mother-in-law quarters, especially near a hospital where someone is caring for a parent.

Three have sold and the fourth is scheduled to close in about 2 weeks.

The fourth I bought about 8 months for cash.

So in one quarter we fixed the problem?

In particular, I'd like to convert the walk-in attic or the basement into a fourth bedroom.