Unfortunately, however, though this job makes decent money, it is in a volatile market.

Don’t confuse volatility (stock market is more volatile) with risk.

This is why I don't buy condo's or town homes...they seem to be more volatile  

STR are very volatile.

Highly volatile.

Accounting does not make corporate earnings or balance sheets more volatile.

My opinion is not to throw away a lead that could be a good deal, especially when you're starting out.Short sale is the way to go in these cases, but you want to ensure that you're signing up properties that have a good chance of getting a deep discount from the lender.Such properties are those that have volatile features that can be pointed out and negotiated/overestimated by the lender.

He's dangerously ignorant, and unpredictable as a result-- take bombing Pakistan for instance, or flip flopping on the status of Jerusalem, or whether or not Iran is a serious threat-- because he flat doesn't know what he's doing.Add to that his terrorist / marxist / black liberation theology mentors and you've really got a volatile mix that will make Jimmy Carter appear stable, and competent.McCain isn't my personal choice, and I live in a "blue" State anyway (Obama will run away with the People's Republic of Illinois by 20 points) but if I lived in a "swing" state-- I'd have to vote for McCain against Obama.

Option premiums are fat right now so if you're looking long term you might want to stay away from the covered calls because of all the volatility in the market.

Because we dont know exactly how the units will look when re-painting and set, and also the cambridge market can be pretty volatile, (the units will be on the market in roughly 10 weeks from now) I'm going to project a per-unit price of =/- 10%, ie roughly 275 to 340k.Thus:Total sale price: 825-1020Commision (somewhat low, the realtor I am working with to buy the property said she would give me a deal if I also made her the selling realtor for the units): 35-45Transfer taxes, attorney fees, etc: 12kgross sale price: 778-963kSo we get a net profit of:102-275k Looks pretty solid.