Also, there's so much land in flathead that new construction is cheap and - when they catch up - that will be a drag on appreciation.

Also at the price points, the the real estate agents cut is a serious drag on already thin deals.Out of curiosity, what were you able to find in terms of ARV ratio on the deals that you did find?

If you have an active defendant, the matter can drag on for a long time. 

:mrgreen: Plus, I was reading an article the other day about how dragons are nearly extinct in PA these days...

It's like an old cartoon with a multi-headed dragon who's heads argue.

Then I add the specifics for the property e.g for the recent one I added the lead paint disclosure, pamphlet, I added that it is a historic house so many of the historic features do not meet current code e.g. the banister height is lower than now required, pet addendum to identify the fish, dragon and one dog, etc. 

It's a drag on your credit and your dti. 

They have a tenant who is interested who has a Bearded Dragon.

If you are trying to build equity (grow wealth), the strategy would be a drag on your efforts.From perspectives other than growing wealth - such as retirement or taking a year off with the arrival of a new child or the trip of a lifetime - there may be quality-of-life benefits which justify the approach.

It's like the worst ever game of Dungeons & Dragons...someone is always 1 level higher....