It seems like a decent deal, but all those little costs really chip away at the cash flow. 

It’s a blue chip market, with contained downsides and large upsides when the markets cycle booms.

If you purchased the property for $400K but it only appraises for $390K then the bank will only loan on the $390K and you have to come up with the difference of $10K or ask the seller to help chip in. 

I do value this forum and it's community, but for learning how to wholesale I would put my chips on Sean Terry all day long.

ceramic tile, it's last forever and can't be chipped or broken like wood or vinyl.  

I despise marital (or any other) strife, so it would be worth it to me to continue to chip away at the fear until it's gone.  

But we are also content to sit on our hands until we find a deal we like.I would rather go nice and easy and live another day if (when) we make a mistake, than to push all of our chips on the table on every deal we do.Best of luck to you!!!

Samsung's $17 billion semiconductor chip manufacturing plant currently under construction on the south side of Taylor is poised to upend the local economy, being by far the largest anchor employer in the region.

However there are times after you have mapped out a clear plan that you just need to push all your chips in and make it happen my friend!!

Mom + pop investors such as ourselves may on the margin be more inclined to buy something like that to get yield, but I would argue with the 10-year Treasury at 3%, and blue chip stocks like CAT yielding 2.5%, they headaches that come with being a landlord are not worth the extra 100 basis points - anyone who has been around this game long enough would agree with me on that, I hope.This notion of "staying on the sidelines" being looked down upon is also not something I particularly care for...asset valuations (and life in general) is not black and white.