Fortunately with it currently being a buyer's market and all, more people will probably be interested in buying a house versus tossing their money in the trash with renting (I'm talking from an owner's perspective, not an investor's).

I would start a fresh thread.

By working in the specific company you should be able to gain some perspective on how well the company is being operated, and whether there are chances for big increases in profits.

I'd like to offer a slightly different perspective as I dont know your current situation.

Most tenants are not interested in fresh paint while they are living there yet a new tenant shopping for a place will pass on a unit if the paint is old and dirty/'worn'.John Corey

Let's look at this "deal" from a real world perspective and let's assume that the $90K is free money, with no opportunity cost to putting it into this deal.

Perhaps i can attempt a minor flip...that way i can gain some capital as well as repay the money borrowed...freeing myself of a guilty conscious.Thanks for putting things in perspective for me wheatie.

HI all. Thanks for having a great forum to exchange ideas. I am from Denver ( just south actually in Littleton ), I have this month purchased my first two rental SFH's. The first one I found a T/B for and got $2,00...

I'd love to hear your perspective.

Thanks Account Closed -- nice to have the range of perspectives on the question!