What various types of properties are selling for and what each location is like.Some of these systems make it sound real easy, but RE investing is very much a contact sport and requires work to find real deals.

A quick deal with a modest profit may be a better return on your time/investment that a deal that makes more money but takes a year to do. 3) time is money part 2, don't be afraid to spend money to hire others so you can spend you time doing what you do best. 4) This is a team sport.

I don’t think its worth the gamble, but its your call.

When I was in college, I competed in two sports.

People would go into Shoppers in our shopping area to get sports drinks, water, ect before they came to the gym knowing it was cheaper.Have a good marketing plan and get the word out before you open.David

Involve them in the property, make them feel good when they do good things for your property, if you need to be tough on them find a way to make it a team effort to fix the problem, never single them out or blame them for something.. real estate is a TEAM SPORT.

It's a gamble either way.At this point, I would recommend you cut your losses and give them notice.

REI is a lot like Poker...not because they are both gambling. 

With sports gambling potentially becoming legal I am really like the play around Churchhill Downs.

If you need additional income to supplement and have less net worth, cash flow properties for cheap might work the best but for someone who does not need additional income gambling with appreciation might turn out beneficial.