Its location near the planned casino positions it for continued appreciation and strong demand, making it a solid long-term investment in my portfolio.

This property also plays a strategic role in the broader development project for the area, which includes 12 patio homes and two duplexes.

If values of real properties continue their long term increases, then owning more property even if it means having paid higher prices will turn out to be a winning strategy, provided the buyer is able to maintain ownership through periods of possible negative cash flow and or refinancing necessity. 

Meanwhile I assume you have been and will continue to live “rent free” for 2 more months.

I will piggy back on the sellers project when he mobilizes a crew to do utility install and road work for his next phase, I will have them continue to my cul de sack. thanks!

@Catherine Curtsinger To play a little devil’s advocate I have been house hacking for 30 years.

It's a really high-energy dog and I don't think they take it out often enough, so they play indoors a lot.

I look forward to continuing to develop my expertise and expanding my footprint in the real estate sector.

Although that particular deal sold, I’m continuing to search for other opportunities and am excited to work toward my first investment property.

The need is much much much greater and demand will continue to outpace supply.