I'll do that when I meet my investments are producing my final goal of $X.

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

BP Real Estate Podcast producer here.

BP Real Estate Podcast producer here.

You need to look at return on equity, how much cash flow can be generated putting your equity to work vs the cash flow this property will produce.

If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.

Contract is very clearly and states that if seller cannot produce a clean title than EM is to be returned to the buyer.

Value add ( do you want to do reno/raise rents), or stabilized (income producing, lower maintenance). 

The City of Montgomery is the Capital of Alabama with a robust economic environment that has produced multiple awards of excellence at the Chamber of Commerce level.

I can build a 1,000 sq ft cabin including land  and holding costs for about 350k or so and the cabin will appraise out for about 500k to 525k and will produce gross rents in year 2 between 50k to 60k.