The cost overruns could eat up your dream and cost you many nights of sleep.If you need to ask the question, at the very least you may want to consider bringing in an experienced partner.

That is, expenses, vacancy and capital will eat up 50% of the gross scheduled rent.

Maybe you just eat the price reduction which reduces capital gains... ??

A rehab and sale can take well in excess of 4 to 6 months.Lastly, lawyers and professional organizations can be expensive and eat well into your capital.

There's no reason that you should have to eat the fees associated with tenant screening.

I have some opportunities in the area, primarily condos, either near Microsoft, or in downtown Tacoma, which is a market that appears to be on the fringe of taking off.The issue I have is that buying this place will eat up a lot of my seed money.

Does the bank eat it?

Eat in kitchen with separate dining room.

I understand they have to eat too but, seriously!

Go to Blackbeards, I used to go there when I was a kid and took my grandkids there 2 years ago to eat.