i just posted this from a logical point of view, please don't get me wrong on where the property has to be, but i will speak for those who are looking to buy in those areas to raise their families, like jon said, i was just contemplating.

The only two factors that truly matter when determining value are the price at which you could sell it for or the amount of income you could generate to service the debt.Anyone contemplating a purchase solely based on previous appraisals, current list price, or loan amounts, stands to lose their shirt.

See while you are contemplating what to do, you are missing the big picture again which is even if the rent on one is $600 and there is no tenant then you are stuck paying for that.What you do is go find someone who really needs a place and put them in for $475 and now you have just narrowed down your problem to $125 bucks and anything you have to pay outside of that will be the COST of you BEING GREEDY and a SPECULATOR.Sounds like you bought the properties right or at least the one.

After contemplating if I shoudl post a response in this thread, here is the trigger pulled.

After all of this contemplation, a few answers surface that might help you out on the road to living a fulfilled and purposeful life.

I can't believe you are even contemplating staying with this realtor.

I was contemplating getting a gun as I was stocking up on tons of canned food last month - I've been listening to too much Peter Schiff lately.

When it is starting on the downside maybe it is time to contemplating solidifying your team ie.

The development team has a significant financial stake in the project and has experience in developing the type of project contemplated.

I told you the truth and then you pointed out that this is a nice house (as if that makes any difference).You have already done two loans claiming that your investment properties were a second home and were contemplating another.