I do not gamble on the SFH markets.

Honestly, RE investing wasn't something I was looking to get into within the next decade, but due to circumstances that possibility is on the table with this property.I'm not thrilled about the idea of being a landlord, especially a long distance one...but I'm not 100% against it. 

Account Closed, your forgot the folks with substance abuse problems and gambling addictions, and of course those who are really terrible landlords. 

We were thrilled with the prospect of getting someone we were familiar with to take over the space and be our tenant.

Its your gamble on the rate direction.. 

Would be thrilled to connect. 

I am thrilled to be a part of the BiggerPockets community.

Stocks are a gamble- real estate- if you know what you're doing- is an investment.

Rents together are: 2945k/month for LTRMarket rents after minor reno: 3400 for LTRCan mid-term rent these as well: 4800 for MTR/STR hybridReno: 5-10kSeller wants 60k (his perceived equity) in 2years, nothing down and no monthly payment.Seller wants a chunk in 2 years b/c he wants to start a new venture.  5 years doesn't interest him and I am not thrilled with monthly payments b/c there will be much transition. 

I can't afford to gamble.