Hello all. I'm in contract to purchase a house right across from a large retail center with a home depot, target etc. Come to find out, they are planning on buying the houses including the one I have under contract ...

No, its not unusual to clean house in a situation like this.

Hi Lou,It's really hard to say what you could possibly do without knowing your situation and how much money you are talking about.Your situation is not unusual.

I have two sons about your age, or older, it's not unusual for me to give them similar attitude adjustments to man up from time to time.

Keep in mind these gurus often make up terms or apply terms in unusual ways.

For me, the Cap Rate by itself doesn't tell me enough, so it is hard to say where the magic rate lives, particularly on an unusual deal like this.

Given this unusual situation in the housing market is it appropriate to make exceptions to the tried and true rules about investing or should I stay disciplined and keep to what's traditionally considered good investment practice?

So, cash flow is:cash flow = rent - (50% * rent) - P&I payment Second, you mixing two concepts together in an unusual way.

If numerous similar houses are selling for, say, $15K, you're not getting $23K.Have you done something that is highly unusual for that sort of house?

In this thread, describe the most unusual property you've ever owned, or a friend of yours has owned.