If you dont get the house for that much then just walk away..this is what im doing from now onI see a house i put an offer in they counter offerlets say the house is 100k I have preset im not going into the house for more than 70k. so i offer 65k they respond with 90 i respond wtih 85 lets just say they accept. then i would do my inspection and everything i found wrong wtih the home i'd negotiate it less and less until i brought it down to 70k or less whichever makees sense when u walk through the home for the first time.do not get emotional, it's a numbers game and if the numbers dont add up dont go foward with the deal. you wanna make sure u leave contingencies in your contract. they give you a way out if you find something that you extremely dislike. i hope this helps my example prolly sucks but good luck!

As long as you don't have any real emotional ties to the home and you don't need the equity in that house to purchase your new home then I would say rent it.

I should exemplify a little deeper in regards to my state of employment.

Net break even.What about deeper in-the-money puts?

It is a fairly consistent rule that larger returns come from loans in deeper distress or files that carry more difficult defects.

As you continue to work those prospects you move them deeper and deeper into the funnel.

Looks to be a great place and I look forward to delving deeper into the community.I am a Realtor/Broker who helps investors and non-investors alike buy and sell individual homes in the area but I also help clients buy and sell large packages of investment properties.

It is definitely with mixed emotions that I make this change.

Renting out "your" house to strangers takes an emotional toll.

For example, we are thinking at looking for $X/month cash flow per $100k spent as a quick indicator if something is worth deeper diving.To try and answer some questions I might get:-- Our strategy is buy and hold.-- We are looking in the Jackson, MS and Memphis, TN area (give or take 25-50 miles from city center in either place).-- We do have the capital in order to do this.-- I don't need any banking advice as we've got a bank we use that is ready to lend to us when we find a good deal.