If manufacturing comes back in my lifetime, I'll be happy, but I'm not holding my breath or gambling my future.

Hence the "tough love" :D Seriously, I agree with the one guy who said to spend the next year immersed in education.

NRU is an instense 1 week of immersion training in various topics in real estate.

If I want to gamble, I'll go to Las Vegas.Mike

Hi thanks again for your kind words, I'm fairly new to real estate investing, but I have been spending many hours reading, going to seminars and really trying to immerse myself in the business and meeting a lot of amazing people.

Rest assured there are other expenses, and if your deal only works with a low amount allocated for expenses, and you don't have reserves to cover the others when they come up, you're going to be in trouble when something happens.Those have been around a while know I sometimes compare investing to gambling.

So Jason,Do you want to sleep soundly or gamble on a bigger return?

Baby boomers are too close to retirement to gamble whats left of their next eggs.

I was thinking taking the cash now is better than gambling on the future (with the savings in mortgage I would be getting 65K over the 5 years).

Roy was gambling prices would rise enough to make these good investments.