Brian,As much as I agree with @Adrian Tilley, I think it's a fun to make predictions.

George time is a killer on rehabs because of holdings costs and the right market timing on selling.I would find out if your market is REO or short sale driven.I have other broker friends across the country that list REO for residential.Big banks are almost finished working out a settlement with the government on the ROBO fiasco.Word is later this year banks are going to start shredding the backlog of shadow inventory.This will put extra downward pressure on many markets for price and concessions given to buyers while increasing holding times.What I tell investors is to analyze at what percentage your market is stabilizing,appreciating,or declining.What you know is what the market is doing today.It's hard to predict the market in a few months when the rehab took longer than expected.I would price it within the bottom 50% of Actives given they are not grossly overpriced.Pay more attention to the recent sold's.You do not want to chase the market down.I don't know how many times I have seen sellers of any property type price high and chase the market down.If they would have priced correctly they would have sold much faster and for more money in a declining market.It sounds like you bought into a marginal deal with heavy holding costs and longer repairs.Best thing to do is too dump it quick and move to the next one where experience will get you better margins going forward.Good Luck

So, its very difficult to predict how it will work out when you get to the sale.

Oscar Martins I think the bottom line is that none of us can predict the outcome if your proceed.

With that in mind, it still seems like buying a better house or one at a lower price point in a recession is the right move since lower price point means lower mortage, PITI, etc in a world where rents would not be hit as much in a recession.But, you're right I cannot predict the future, so if I think rental market is strong, that is a case for acting now rather than waiting for something unknown ahead.

Some people think they can predict their electric bill even though they don't know what a watt is!

You may be lucky enough to have a property that runs at 25% for the next 10 years or you may be unlucky and run at 85% over the next 10 years and you cannot predict what will happen.

Some of them have gone to a predictable schedule while others are kind of erratic as to when they will release inventory on the website.

If I didn't know how to do the calculation or didn't like to do them I would probably do just as well as an investor.The main problem with these calculation is that it is very hard to make predictions, especially about the future.

But I decided to stick with the predictable $75/year increase for the granddaughter.