I don't want to gamble that I'll be able to rent it out at the higher rate.Thanks Frankie, At this point I can't tell if there is any value add stuff, because I've only seen the outside which looks alright.

I also gambled on very bad section 8 and lost thousands.

.$10k/year in negative cash flow verses your appreciation....your gamble and your call.

@Melanie HeigesThe cable from Spain to Virginia Beach has been laid underground finally and there is going to be a giant data hub similar to Ashburn VA near corporate landing.There’s tons of develop that is going to create jobs and hopefully make the market boom.They are also building a giant sporting complex near the convention center.

Stanley's daughter came out with a new book this month updating the research -- I haven't read it yet.Stanley identified several factors that keep you rich or poor: where you live, how much you spend on the house you line in, how much you spend on luxuries, how much debt you pay interest on, but I believe his most important finding is that a much higher percentage of millionaire men than normal will report on a survey that their spouse is more frugal than they are.Getting rich turns out to be very much a team sport, specifically, a team of two.

Real estate investing is not a solo sport, so you will need a team that you can count on and you should begin building connections in the industry now.

Real estate investing is not a solo sport, so you will need a team that you can count on and you should begin building connections in the industry now.

Real estate investing is not a solo sport, so you will need a team that you can count on and you should begin building connections in the industry now.

Comparatively, a duplex anywhere near Sydney is around $1,000,000 and rents for around $4,000 per month — no possible way to cash flow so you’d be gambling on appreciation.

We have a rental portfolio with five kids, travel sports, and a 60+ hour a week job.