I gambled what I could afford to lose, just I don't like losing.

There are lots of details on lease-options around, you could do an inter-webs search if that is of interest.

So I don't gamble on it. 

If you want to gamble on appreciation just go to the casino and put it all on red or black at the roulette table. 

That web-site might have gotten the son's age wrong.

While its still money, it is .05% which points/fees/closing costs can typically have greater fluctuations.30/360, Actual/365, and Actual/360 - How Lenders Calculate Interest on CRE Loans – Some Important Insights - Adventures in CRE  You wanna regurgitate some useless crap you read on the web do it in your toilet, pal.

Once you create a campaign and delete the campaign it still remains on your web page.

I feel as if this investment might be a gamble with this open permit, considering it most likely has to pass inspections before the permit is closed.

I feel as if this investment might be a gamble with this open permit, considering it most likely has to pass inspections before the permit is closed.

but in my view it makes a relatively "safe" investment in cash flowing real estate into a gamble on appreciation.