It's a bit of a gamble, but can save you money if you find the right deal.Good luck!

My comment goes more to attitudes, character, choosing to ignore good advice as Alicia has chosen to do.

I'd say to get the best value is still a gamble and it's to use their service and sell in a few years before any CapX comes due and sell at the full market 50k-55k.

You have a responsibility to accept the most qualified applicant that best suites yous standards and property needs.Landlords that accept first past the post have no understanding of their responsibility to get the best possible tenant.Remember when a landlord ends up with a bad tenant it is always the landlords fault for having chosen that individual.

Ben Winchester Morning Ben keep the money in the bank until you find another deal because you don't want to gamble with the money if you're planning on doing rental believe me situation will come and you will need the money.

Renting out property can always be a gamble, with the risk of a bad tenant who could, for example, smash a hole in the wall or bail on paying rent.

Location: Choose your goal, then determine the area (locations) in your chosen community that will provide you with those units.

traditional stocks have paid 10% since the depression. you could put it in a roth ira, buy a total stock index fund from vanguard & keep it there until retirement & cause yourself a lot less hassle.but if you're gambling on appreciaton, with the leverage, then you can outdo those returns. at 3% appreciaton, you could get 20% return.

Long story short, we live in an area that is significantly better and nicer than I would have chosen and in ~20-22 months (going by comps and neighbor's home that just sold) we've got about $160k of equity after the work I've completed.

Speculation is when you gamble that your short term exit plan will produce a profit.