If that's your gamble, go for it but I did that back in 2006 and lost...now I'm back but doing deals that either cash flow and/or have an equity cushion from day one (if I put sweat equity in)...a house that is below the median for that subdivision gives me a proven upside value right now. 

We are thrilled for them and thrilled for us.We birthed a business and it's time to let it go.We know they will soar!

Our private lender is thrilled and eager for our next project.  

I am thrilled to see that you have turned that thinking around and decided to drop the weight.

negativity in this world is far more common than an honest politician. when you are swimming up stream, you are going to find more hurdles and pitfalls than if you swan downstream. going downstream is easy, any idiot can do it. its those of us that swim upstream that have the courage and foresight to reach our goals. if all you wanted to do is just exist and go about life until you are dead, well, then follow the crowd and swim downstream. pretty soon you will find yourself just as unhappy and negative as they are, but comfortable because you are barely eeking out an existence with minimal work involved. sounds just a tad bit boring to me. those of us who are willing to swim upstream meet challenges, hurdles and negativity along the way, but we also have the biggest stories to tell because we have had some damn great adventures along the way. its not the reaching the goal that gives you the stories to tell, its the journey getting there. you can have the thrill of achieving your goal without the hell to go thru in getting there. that hell gives you some incredible stories to tell along the way, and if you wanna try it again, well, now you know what to expect along the way and the next journey won't be quite so hard. let those little people sit in their cubicles along their way and have nothing to show or tell about it in the end. i would rather have the journey to talk about when i get to my goals. 

Guess how many emails I got from people who rehab 6-10 a year and are thrilled to partner with a company to expand their business to 20 a year?  

My opinion is its a gamble.

But then again, it kind of sounded like you weren't thrilled with the concept to begin with - and maybe you wouldn't want your neighbor to have backyard tenants either...

Guess if you have nothing to lose, there ain't no sense not to take a gamble.

If you have to go so fast you do not have time to do proper due diligence, you need to pass on this.You are gambling a lot with your money.