Add in that you'll be paying a higher price for the same and while that means a larger absolute gain, percentage-wise it may not be that much gain.Which means if you have to stretch to reach, you have less for other deals in the intervening period.Anyways, like debating since I get asked this by clients and am willing to learn.  

I'm still debating though.

When Wall Street professionals start debate when the recession will arrive, listen attentively and have contingency plans put it place.

I have a quick question on LLC as I myself am debating between LLC and/or increased liability insurance.

@Allan Smith ah, the age-old cashflow vs. appreciation debate...where one stands on this debate should depend on their financial picture.A 20 yr old kid with no net worth can't afford to break even month to month on their first property, and they can't afford the risk of speculation on future appreciation...that's too much risk for them because they have nothing to protect themselves when things turn south. 

I am aware of ceiling delaminating and a big hole formed from roof leaks (roof is fixed), and interior door broken off etc...so I am debating if the current owner will allow me to take video tours now documenting these defects and general conditions as something the eventual appraiser can use as a reference? 

Additionally, if the latest state legislation that is being debated is passed then the property taxes will more than likely decline.

I did see a debate on here a few weeks back when they were debating if a TV is necessary.

The larger disagreement amongst the group seems to be in regards to what "property rights" are and what the proper role of government is, which is a fun debate to have. 

I'm debating going into an LLC with 2 other people in which we will start an account, add our personal money in on a fixed basis, and buy our first property with a standard mortgage.