So I'm not thrilled with it at $1.6.

Hard work doesn't scare me and working under pressure thrills and drives me! 

I got all my families' money out of that speculation and gambling game.  

If you don't know what your buyers criteria is then it's a crap shoot and that's something I don't want to gamble with.

You will be thrilled that you found this site.

If they're not drawn to the gambling, it's the booze and hookers.

It might be that it is better to get a second property and leave the existing one as is.I think Scott Williamson, has a valid point about appreciation, but that is a gamble.

I too was not thrilled with the mundane 9-5 existence.

Beings that's the case here, most renters actually prefer to buy what they want VS gamble on the condition of the appliance left behind by someone else.

I just put a townhouse under contract for 300k that should throw off 400-500 a month in cash flow and I was thrilled, the market is what it is and imo $500 a month plus appreciation is still about as good as you can do with your money without taking on huge risk, Its not like the stock market is trading at great mutiples either,