They are an older couple, both working age with no kids, good credit, and enough earnings that the rent as a percentage of income was in the teens.

I know it is not a sexy, money earner, but it does have its benefits.One tenant in a three-bedroom, 2 bath, complained about his electric bills, in Florida and he was paying hundreds per month.Good tenant, worth keeping, so I did the full blown-in deal for about 700.00 and his bills did drop dramatically and my ac unit isn't working as hard .

.- It's Sexy - It does look much better than the Galaxy s3/pretty much anything else.There is one big point we must discuss so you can make a better decision; the Operating System's.- iPhone 5 - This phone is easier to use.

This might be an ideal way for you to capitalize on all the real estate knowledge you've gained, and I'd expect you'd earn mid teens ROI over time with this.I also agree that you need to track your actual after-tax cash flows over time, plugging in a terminal cash flow of what you'd realize upon selling at the present time, and calculate your IRR on an inception-to-date basis.

Otherwise, it's getting baked into your rate.Several months ago, I actually did have a buy-and-hold investor that put 25% down and paid the 2.125% to get a sexy owner occupant interest rate.

I understand, it seems like a sexy play to live in one side and rent out the other with a sweet FHA loan to add the cherry on top, but let me make a strong case against it. 

It's not sexy, it's not huge returns, but it's a great way to get tax free money when you need it.

Teens spray-paint graffiti on the sides of the property because they think it’s cool.

Seek a tax atty or small business CPA for professional advice.Investors all over the country are buying RE with their Solo 401k and get cash on cash returns in the high teens.

Did I mention that we are in the cold Tundra of North Dakota where todays high is in the teens, if we're lucky?