This could occur if you are outbid or if a serious issue is identified during the due diligence process, making it not worthwhile to complete the purchase.Our ProcessOur goal is to put replacement properties under contract immediately after all contingencies are complete on the relinquished property.

Bedrooms should be (IMO) 12 x 10 , and baths 5 x 8 minimum, to make it worthwhile....

Is it worth while to do?

Your idea of these smaller communities of duplexes on a one acre lot or so is exactly what I eventually would envision doing assuming I could get this first deal off the ground and worthwhile.

I’ve been attending the RI Real Estate Investors Group (RIREIG) for over 20 years and have found it very worthwhile for the information in the presentations and even more so for the networking connections and friends you make.They meet twice a month, usually on Thursdays, one is online for anyone and the other is in person for members.I hope to see you at a future meeting!

My concern is I tend to be less risk adverse especially with short term losses if the long term gain is worthwhile (i.e maybe the property might not cash flow today but it gains more equity).

@Matt Nettles it is a great program and definitely worth while if you are fully invested in the industry and want to get involved.

I still think it may be worthwhile to send a tenant to collections, but I just want to set your expectations here.

...moreover, how many of these types of properties, at that rate of cashflow, would you need to make it all worthwhile?...

Hey @Glenn Verley, this is always a tough call.Like @John Underwood said, what is nearby that would make it worthwhile to make some kind of STR play.32 acres at 180k valuation is awful cheap.