- Even if you had the cash to buy on the cheap, was anyone lending- If you bought sensibly and cash-flowing, did you even care because you could carry through the crash- Was the rental market hotter because homeowners became renters, or was it colder because tenants couldn't afford their rentcc @Anthony Thompson

Some can be expenses that are written against w2 income or at least carry over to next year. let your accountant figure it out.

And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.Best of luck to you and I look forward to following your journey!

Cost thousands in carrying costs.

., commissions and carry costs; (2) keep the construction costs down, with large buying power and in-house construction teams, then it could work theoretically.

Conventional lenders won't / can't lend if there is a seller carried component to a transaction...you'd have to look to private money...or avoid the bank altogether...

It can take a while to sell (or rent) and carrying a mortgage and rent can be a bit much. 

Most people forget about "small" things like carry and stamp costs etc.

Now subtract carrying & closing costs.

And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.Best of luck to you and I look forward to following your journey!