I don't like gambling, I only like to make bets I can win.

Oh, one last thing: there's a tribal gaming casino planned to be built in the southmost-central portion of the city which people take as a great benefit or the end of the world, depending on how you feel about gambling and/or money. :)

For me it was an accidental covid purchase as I was stuck there from the UK for 2 years ( a long story not for here.)  

If you're gambling on huge future appreciation, flyover country is not the place to be.

Someone tell Rich to stop gambling and to come educate the common-folk!

I like gambling analogies for real estate because, despite all the mumbo jumbo that sometimes gets thrown around, luck is a huge factor in your actual returns.

I'm wondering if you could get a renters policy on their behalf and perhaps add the cost to the rent.Must have slipped through the net or my question was too boring :-)In the UK when you have a mortgage you have to have a policy and name the bank on that policy as having an interest.

So, that's about my minimum for buying a rental.OTOH, I don't want to be dealing with a tenant for just $10 a month, even if that is getting me a 20% cash on cash return.As to your question, the number your asking about, in gambling terms, is called "variance".

. $5k for a 4,000s.f. house.3) Where my risk/gamble is, is that I like changing use of properties... converting bootlegged 2 units back into SFR.

Seems my week for sharing my embarrassing experiences on here and on my blog lol.I tried network marketing for an energy company in the UK and I worked my *** off and did crap.