(if the buyer wants a more solid commitment)Once a buyer has spent money they are somewhat vested in buying the property and that gives additional negotiating power to the seller.

This only really matters if you plan to buy a house again soon...within 9-12 months4.

I am a buy and hold investor.

The ability to see the major issues before you buy is key especially when buying dilapidated early 1900's homes.

Quote from @Jaycee Greene: Quote from @Jeffrey Eschbach: Investment Info:Small multi-family (2-4 units) buy & hold investment.

I am still personally buying rentals but I am not expecting much in the way of cash flow at the moment.

If you buy a hot water heater for the other unit, you can write off 100% because you have no personal use of that hot water heater. etc.

I’m weighing two options for our housing situation and would greatly appreciate your advice, given the complexities involved.1.Renovate and Buy Another Property•Invest to renovate our current home adding a bedroom to the house given our family outgrew the house.

Hi Jonathan, what is your buying criteria in GA and what counties are you looking to purchase in?

I assume you are asking about buying the property itself.