Lots of cash buying in the area.I have also seen some financing buys that must work out to be pure equity/appreciation gambles in that area.In the event that you DO fine a price point that works you will likely have to compete with a favored cash buyer.

The gamble is of course I pay the payment out of pocket during turn overs.

So unless you are willing to gamble with your savings, you do not save much time buying turnkey.

I like to INVEST in real estate, not GAMBLE.....

This also poses risk for short-term mortgages or ARMs.If you're going to hold rentals, my suggestion would be to set a longer-term time horizon unless you feel like gambling...

That is a huge gamble.

I view their form of diversification as playing a round of Yahtzee: rolling multiple dice.Investing, farming, and gambling all share something in common: they all involve playing games with numbers.

We've reached out to all of our contacts even in Australia, the UK and Canada and have been selling them on the fact that it generates rental income like a residential property but without the leaky toilets and late paying tenants.

It is #1 in the UK and #3 in the US at the moment, so is doing OK.

Mexico is currently the world's 16th largest economy and is going to climb to # 7 by 2050 surpassing Italy, the UK, France and Germany.