Of course not but they could and they are as rational as any prediction the market will tank

The reason I am keeping a rental despite my preference for flipping is due to the fact that by having some passive income flowing in, it's easier for me to keep a rational head when identifying deals since i am depending on flipping and doing deals as a full time job and sole source of income.Without some source of income, I get antsy when I haven't flipped or done or deal after a long period, increasing my chances of making a mistake.

Not rationally.

But wouldn't this help your debt to income ration considerably?

allow me to rationalize for just a sec:1.

You should also have the security deposits moved over to you along with the rent pro-ration you are entitled to.

You have only included 2 of the operating expenses and the mortgage payment.If you post the gross rents and your mortgage payment (P&I), we can evaluate this deal and give you a rational answer.Splinterlife, To take advantage of the capital gains exemption, you must live in the property for 2 of the last 5 years.Mike

Almost makes you wonder if he was a drug addict, because his actions sound almost implausible to a rational person.

Originally posted by "Rehab702": On the down side if you buy a house for the purpose of renting it you will still have a negative cash flow as the rent to price ration is still only about 0.6%, this means that a $250,000 house will rent for about $1500. 8)Are there any locations in the west coast that gives you positive cash flow in renting?

Those have a much better price/rent ration.