I'm toying with the idea of renting it to my sisters and one of their friends since they are planning on getting a place together within a few months.

My father and I have been investing in real estate for many years now.He's now just retiring and I'm going to try and pick up where he left off.I own a custom home electronics company out here and I just love everything about real estate.We do all the high end electronic toys that most people dream of.

Or just do a fixed 30 year if your in it for the long haul, probably will be 7-8% interest with good credit.

The trailer was so full of junk the fire dept had to remove the bedroom window and haul him out on a back board.

I toyed with rehabbing it completely as a 3/1 and reselling it but after talking to people who didn't buy it because it only had 1 bathroom I am adding a bath reluctantly.No one wants a 3/1 in our market and all of the county assessor comps in the area are 3/2's.

We've been toying around with some new ideas for the front page of BiggerPockets and we wanted your feedback.Take a look at:http://www.biggerpockets.com/index-new3.htmland let us know what you think!

Ill tell you what, if Im giving someone 5K+ on a downpayment for anything, knowing its not refundable, Im in for the long haul.

Do the accounting within 30 days or sooner...and yes, we do get hauled into magistrate's court for deposits.

Instead of buying toys or moving to a bigger house we both want to use our money for nothing but investing.

It's nice to have a business justification for a toy investment.