He was not handy but he was a top producing real estate sales men in the 60s.... and 70's....

Yes, the mortgage is higher, but if you are renting it out it should rent for an improved amount of money - or, at the very least, rented high enough when you bought that even with the higher mortgage payment you have healthy cash flow. 

Hello PM Community, I just invested in my first SFH in Kansas City and financed it with a traditional conventional loan 20% down. Since I do not have much capital anymore, I am looking to accelerate my investing strat...

My search on 'spec homes' in this forum has produced a ton of great discussions and some very good advice along the way. 

The deal I'm analyzing seems pretty healthy.

They, collectively, seem more healthy balance sheet wise than 10 years ago.

The Plan in the beginning was to Acquire ten Rental Houses that produced positive Rents and in ten years, fix up the five worst to Sell and pay off the remaining five houses to be worth a Million Dollars with $3000 a month in Rents to live on...I also have gone from Mutual Fund Investing to Stocks and then Options on Stocks to Daytrading just the S&P Emini Future in the morning on my laptop.

Interest rates are still low, and while the housing market has been healthy, I believe generally speaking, not all Real Estate properties have hit the same prices that they once were prior to the last market crash.

The buyers I'm working with now have savings and they are putting in healthy down payments when buying.The rental market is definitely high, things are renting fast though.

The pictures speak for themselves as to the kind of quality product you and your family are producing ... it will serve as a really nice home for some lucky bastard :)