In the end I can only guess and a bit gamble on expenses that eat the rents away  AND then buy accordingly.

Education and financial literacy are very important, but we all take a gamble when we buy our first property.

He's getting cheap prices and renting the properties out and gambling that most years there won't be a flood, and when there is a flood it will be minor and its a cost of doing business.9. 

Then again, maybe not...it's obviously a bit of a gamble. 

Outside of that, I convinced her it's taking a gamble on me overall, but that my track record professionally and personally justifies it.

I think it's a good place to get a bit of cash flow and appreciation without making a huge gamble like a lot of the folks 30 miles north are doing! 

This is a gamble though, because you are not sure how long she will be alive for, and you cannot foresee future market conditions.

I would not want to gamble my personal money on pricing services that have just called around to formulate unit prices.Lastly, I know everyone want to be on a budget and save money where possible.  

If you gamble - diversify.

As a result it is currently listed on AirBnB.Thing is I feel worried cuz we gambled on our first property, looks to have worked out good.