Eat it and move on.

Their 10% will eat away a good chunk of your money as well.

If you sell them for their market value, how much will you lose vs letting them eat into your pocket month after month for the next few years?

We go out to eat, and see a movie, or go to a museum, or the lake.Ohio Realtor"Just wait untill you start to deal with minor maintanance issues and late rent then see if it's to far."

you're right - with debt service over 2400 - and revenue at 2800 - it's not that good - it's a freakin aligator - it will eat you alive.however - you need more information.

I'll eat that house stud by stud before he gets over on me!

:D I pretty much only sell to investors, and they have to have cash, hard money, or a commercial loan.Most of the rehabbers I know just end up eating it in holding costs until the seasoning is up, but obviously as you seem to already have caught on, there are other creative options.

People eat that stuff up, and you never have to deal with "toilets and tenants" again.

I mean, I don't know the guy who said "don't eat yellow snow" but it sounds like good advise to me and I follow it religously!

They make no noise, take up little space, eat next to nothing, and it's not like they can run away.You said: "I have heard of many people going this route in purchasing a home.