@David Gamble - If you are wholesaling this deal you with the numbers you provided you are leaving zero equity to the end buyer.

We do raise a healthy population of termites and about half the properties will need to be treated for termites, rarely have they done any damage and the treatment for most rentals is less than $500 total.Phoenix has all of the major sporting events, tons of recreation, a major university and land to grow!

But then again , I still like to gamble in little ways ,like grab a rattlesnake by the tail. ;).

Sure, the markets will fall, but companies like Proctor and Gamble aren't going anywhere because people will always need their products The same goes for real estate.  

Buying someone's unknown LLC is not a calculated risk, that's what I call a gamble.

Both are sports, but are played by individuals on a team, both use sticks (Bats).

The casino keeps the remaining 2 cents, which you can see displayed up and down the Las Vegas strip.However, when you gamble you're really playing for the variability.

So I took the gamble, At age 19 I was a landlord, I loved it.

Only real problem was when they lit fireworks last 4th of July and had the street pretty well ablaze in them,,,and my porch floor mysteriously now sports burn holes in it now,,when it didnt in June.

Even worse, you can have to deal with an eviction.Like many investments, you can use gambling formulas to look at this problem.