Need I mention gambling is legal in Ohio.

Super excited to start this new adventure in real estate investing. 

I wish you the best in your adventure, just don't sell!!

Do I gamble my last dime on a single-family cash cow, or do I roll the dice on a flip and hope Lady Luck is on my side?

Well, we all know real estate investing, especially flipping houses, isn't quite that glamorous.I thought it’d be fun to share some real-life stories and lessons from our flipping adventures.

Best of luck to your new adventure. 

If you really want the property and don't mind a small gamble put down an amount of earnest money that you will not be upset to lose and that if you were in the seller's shoes would make you feel OK about taking the property off the market for 60 days and make it non-refundable to be conveyed to Seller upon offer acceptance. 

I had such a great time last winter riding an adventure bike (motorcycle) all the way down to the southern tip last winter (which is summer there) that we want to go back and spend some time in Chile and Argentina this winter.

I had a few appraisals come back from Akron/Clv markets and had the appraiser comment that it is a "down market".If you are targeting the 50k purchases with the 20k rehab and then hopping to refi out afterward you are taking a gamble because if you do not get the 100k value after the rehab you can get stuck in the project or be forced to take a mortgage with a terrible rate.Keep your purchases 80k and up and try to make sure your project costs are over 100k on everything so you can be pretty confident that you'll get the 100k value afterward.

However, it’s a gamble.