We have a very unique market, above median prices on homes, no war zones (denver metro anyways), economic stability, etc.

There is also the USDA loan for rural areas and another income-restricted one whose name escapes me.A duplex seems a lot more economical to me but for my budget ($200k max) they're difficult to find in a place I would like to live.

Search the US Census, Bureau of Labor Statistics, City Data.com, Local Chamber of Commerce, city and county economic development depts.

With five years of economic recovery now in the rear view mirror, it is clear that the average American is really not recovering as evidenced by the lowest level of home ownership since 1980.

For example, if I got a house that had a 7 year old roof then in another 8 years the economic life of the roof may be nearing the end and replacing it means adjusting depreciation but having more capital injected as well.

WOW, I'd say you need to think about other things, like politics or economics or bond financing, all three couldbe key in such a project.The city migh build it if you donate the land and sweeten the dealTax credits might be used or the city ot other financing agency might provide or back a bond issue to pay for rereational projects.Now, if you mean a club house and a pool, that would be with the HOA and would usually go in toward the end of the development. :)

(coming soon...)In short, stick to solid healthy markets (economics and housing), then stay within good communities that have like-new properties.

Well this past year or so I've been reading about creating wealth, Buisness and economics.

I would think a consultant would be more independent, marketing services to the general public in certain areas of consultation.An architect or engineer would be a consultant.There are many areas of professional practice in real estate, accounting, economics, law, engineering, finance, marketing and management, enviornmental and physical sciences, geology, hydrology and more I'm sure.

Most props purchased for retail flipping are a big high end to be ideal cash flowing rentals.I would sell:* The runup in prices has been rather sudden and disjointed from economic realities; a Fed-driven bubble by most accounts.