Hello everyone, I have received a application from a tenant who has bad credit. 574 scoreShe makes extremely good money, 8k per month offshore. 

you should evaluate each deal individually, unless they are being sold as a package of some sort or it gives you some other advantage.you can use the 15k deal as leverage perhaps to lower the price on the second house. if you are not cashflowing at 150k-160k dont buy it, unless you wanna gamble on appreciation. also, by owning three homes next to each other you are increasing risk because all your eggs are in one basket.

If it covers much of the costs be thankful, if it produces a profit as well you gambled and hit the jack pot.

You're ALWAYS going to have the same problem whenever your mortgage payments are similar to what rent would be, because of all the EXTRA expenses that any property has.Just to remind you, if you rely on future appreciation, you're gambling.

If you get no cooperation, then you can gamble and close or walk. 

You can gamble on the hope that the appreciation will continue and you'll look like a genius in 5 years or there could be a significant market correction between now and then and you're apt to find yourself in a real jam. 

He worked off shore in oil and gas and long story short it was a lonely, sad marriage.

You can put any amount down to make it easier to justify house hacking or maybe it is an investment and you pay more and gamble on price appreciation.  

I am no expert on Tax certificates either, however, I know that some are a gamble that the owner will never redeem and the investor will get the house (for $2500 in this case).DD is crucial! 

I know a few of those guys who either work security in Afghanistan and Iraq or work offshore oil rigs who take their downtime in Asia and sometimes they're over the top even for me but it does annoy me when Americans try not to be Americans just to fit in.