Are you trying to make a quick buck or are you in it for the long haul?

Thanks If you are long haul, I wouldn't Fix & Flip.

If it's bought, leased, paid for, not paid for, someone could come and haul them all away.I asked LA if she thinks I should deduct from my offer price the total of all those things because they were priced in.

I'm in it for the long haul.

But I'm definitely interested in fix and flip.I believe we can build a foundation there and then gradually invest in commercial properties for the longet haul .

If you think your umbrella policy will protect you, consider: if you policy has to pay out, it means you got hauled into court and you lost.

Then, if it is a nice neighborhood as you describe, it should be easy to manage as a rental with a solid middle-class family as tenants and rent increases should do some heavy lifting for you over the long haul if it stays nice and there is as a result significant rental demand.Otherwise, I'd wait until you are ready to move then buy your replacement property and move, but not before with those numbers.

And if you're in this for the long haul, you will have those big expenses.I'll assume a 5% rate on your loan. 

Hopefully the tenant leaves without you having to go to actually hauling out their stuff. 

suggested.The W/D are really old, they can keep it at garage or dispose it off, I really don't care.Or ask the junk guy to haul it away!