That means that inflation and maintenance eats into your profit margin.We personally don't look at 1 or 2%.

As has already been said, pit bulls are a cultural thing.In India, people don't eat beef (brahma's roam freely) however people do eat dog flesh.

Thank you @Julie Greene, I will be checking those two links out.

Hard to explain to the bank that your a 750k a year cardiologist who happened to dabble in building home and are now underwater 100k a piece and the bank should eat it...

Most people need to eat, and hopefully you will find someone willing to help out, even in a small way.Best of luck to you!

Being new to investing, I was a little surprised how much the cost of money eats into the profit (especially with hard money lenders).  

The web site is something that I can afford to have done so I can continue doing more important tasks to find deals.Mailers, answering the phone, wife 4 kids, mow lawn, part time job, driving for dollars, podio, probate listings, Excel files, chess, video games, $$$, call leads, oil change, eat, sleep, breath, omg kid again, twice in one night, how is that even possible. lol Yea you know the drill.          

If you could decrease the gap between your holding cost and your rent, I think that would be preferable to walking away or eating a significant loss.  

Very green and very new to the game.

The interest rate from the hard money loan will probably eat into your cash flow.