If they're not drawn to the gambling, it's the booze and hookers.

It might be that it is better to get a second property and leave the existing one as is.I think Scott Williamson, has a valid point about appreciation, but that is a gamble.

Beings that's the case here, most renters actually prefer to buy what they want VS gamble on the condition of the appliance left behind by someone else.

I like the concept of real estate being able to control a tangible asset that can have multiple sources of profit where as stocks is slightly above gambling. 

As for the relatively small gamble for the cost of engineer's report and the wait time, that is what I'm really trying to decide rather it is worth it or not.

My brother and I are embarking upon a RE business, initially fix n flips to grow the cash base, with the view to buy and hold down the line.He is based in the UK and will be supplying the capital(his) to finance the purchase and rehab of the target properties.

Nor does the mortgage company want to gamble on whether or not the borrower will have sufficient funds to pay when do.  

You could gamble that all your properties will sell within that first 180 days and go ahead an just name your large MF property as your replacement.  

You actually just missed a great event as we are sitting in CHCH having been to the NZ Property Investors Federation conference where we heard Kevin Green, the UK's biggest private landlord speak.

I've moved around quite a bit (NV, UT, ID, WA, HI, Japan, UK) and recently begun putting down roots here in CO after returning from 4 years in England working for NATO.