I recently resigned from my job and want to focus on RE whether that is back in Holland or in somewhere else.Unfortunately the RE market in Holland has not corrected itself very much and is still stable (although not a lot of volume).

That is why it is good to rent to a tenant with a stable employment history (she has been there 17 years).

If you want to flip... how stable are the home prices?

.* Stress that their collateral is a tangible, closely-managed asset, in a very stable area, providing a basic need, housing.Anyway, thinks for all the replies, would continue to be interested in feedback from others.

Maybe when its time to replace the studs (if they ever need replacing) you could also frame in a shelf (if it would be practical given your space) so that it wouldn't need to be addressed again.

This tenant/buyer is too much risk, we all go through hard times so unless this was all in the past during a troubled period in their lives and had a good history before and after or since have no bills and stable income it is too much risk.However to protect yourself you could always get a larger deposit to cover payments if they don't pay, make sure you check your local laws first.There are 25 million people in the United States who want to buy a home but don't qualify for financing so don't jump at the first opportunity unless it makes sense.

It is also a stable market, so repossessions are less common than elsewhere in the state.Your biggest problem will be the lending laws in the state of Illinois, but that is another story.

It will sit on the shelf/safe/bank vault and go up or down in value.Rental properties-a business that needs running.

There are a few other points I would argue that make rentals one of the most stable assets for the next 10-15 years.

Sure, I may get a little north of 1% in my market, but it's STEADY (solid blue & white collar tenants with stable incomes/jobs).