However, I'm thrilled to have generated cashflow from this deal :)Here are some final numbers,Purchase price: $3,100Remodel Costs: $1,155Title Transfer: $100Lot Rent(4 months): $1,400Power: $300Total Cost: $6,055Sold the home for $6,500 with a 5 year term @ 10% interest.

Investing for appreciation within a 5-10 year time frame is speculation and under 5 years is gambling since nobody can predict with certainty the ebbs and flows of the short-term market.

Needless to say I'm less that thrilled after doing all that hard work and investing all that capital.

I know Aaron, and I'm fairly certain this wasn't a solicitation or anything of that nature...In fact, Aaron is one of the best rehabbers I've met in the Atlanta area, and the OP should be thrilled to have the opportunity to chat with him.

Your property won't appreciate much short term and it's a big gamble longterm so cash flow is what you would be looking for.

However, if I was your end buyer, I wouldn't be too thrilled with you taking such a big chunk of the equity for yourself.

:mrgreen: Ok, seriously, here's my take.There are basically 4 ways of growing your money: saving, investing, speculating, and gambling.

Are you a gambling man?

He/she is taking a gamble on your money.

It was a survey of 4,100 Executives, Business Writers, etc...Interesting to see Ebay on the list, along with Wal Mart, Apple, Toyota, Proctor and Gamble, and FedEx.