That gives room for soft and hard carrying costs leaving meat on the bone.

In fact, rents in the higher end market got soft in April to about 2 weeks ago.

$85,121 Purchase Price on 11/3/15 with Cash$28,967 Rehab/Soft Cost$157,900 Sales Price, under contract within 5 days of being on market$150,722 Paid at Closing on 3/24/16$36,634 Profit (I did have a Joint Venture Partner on this deal so we split profits 65/35, so my realized profit was approx. $24K)Property is located just south of DFW in Alvarado, TX. 

If your market is soft then this may be advisable.

I attend a community church called Rockbridge Community Church where I play bass guitar and lead a small group of ninth and tenth grade boys.

Of course there are many variations so call around in your area.There are also soft money loans geared toward buy and hold with longer terms, but I'm not very familiar with them.  

Hope that helps anyone wondering about Freedom soft. 

Soft ball or hard ball, either are okay with you.

The rest of the house is a soft stomp from the late 70's.

Don't purchase any rentals unless you 1) have plenty of reserves to make it through a soft rental market period or, 2) purchase your investment property at a low enough price you can always set your rent at a point that will guarantee occupancy without bleeding cash every month.