For most people, that's amazing.BTW, I just moved out of Hollywood after 12+ years of living in the Lakes for precisely the reason you're not investing in the area.

It does take some time and thought on setting up the chart of accounts.

Since I can't see your chart of accounts I can't tell you the best one to place it in, and chart of accounts are unique to every business. 

Depending on the precise language in the second purchase agreement, the end buyer's EMD may or may not be used to replace the original EMD.For most investors, there would be no fees charged on a deal that doesn't close. 

The chart below is from the MLS and includes all property types and price ranges.The Property Segment We TargetThe following information pertains specifically to the property segment that we are targeting:Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ car garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Below is a map showing where many of our client’s properties are located.I prefer using charts instead of lengthy text to convey information.

We had very good W2 jobs back then, but both my wife and I know co-workers who actually live in Philadelphia and work in NYC precisely because the houses there are so reasonable.

There's a cool chart I use sometimes when I do presentations that looks at housing prices over time.

In the chart below you can see a steady rise from 1991 - July 2007.

We’ve had luck with organic infill in precisely one park, where local home prices were $500k+ and median income is $94k.

You have to include this if you are assuming the $80K was invested in example 2)$600K (total cash at the end of 30 years)Tenant buys ($20K paid):$100K (property value)$150K (cash flow $5K per year for 30 years)$350K (principal plus interest from investing the $80K at 5% - so the number includes the original $80K)$600K (total cash at the end of 30 years)These are not precise numbers, but essentially you end up with similar outcome, because you are reinvesting the "initial cash difference of $80K" or the "added yearly cash flow of $5K" at the same interest rate.