As investors in real estate, we should keep our eyes on market volatility and trends since it may be beneficial or detrimental depending on when you buy. 

Keep an eye on your property when its vacant.  

Appreciation, tax savings, etc are just icing on the cake in my eyes.  

:eyes:

I don't see why I couldn't rent out a residential property as an investment, but the law can be pretty twisted and illogical.The alternative -- a land contract -- would require a larger down payment because taking it back would be about a 5 month process (streamlined a bit by the property being unoccupied, because at least it wouldn't involve an eviction) -- and much more complicated if I do it myself, or expensive (~$400-$500) if I hire an attorney.The main thing is to make it stand out among the thousands of similar properties glutting the market and catch a rehabber's eye ...I'm also looking into contractors who might finance someone like me.

(Unless you have the budget to blind market).Play devils advocate as much as you can and step back and look at your offer through the eyes of your potential customer.

My eyes are turningred from all the hard money solicitations based on PURCHASE PRICE.

They dress well, look me in the eye, appear to have jobs, one car in decent shape.

Could be different where you're at, just keep an eye out for that addendum.The process of buying an REO is different.

I've been reading on here for some time now, and the thing that opened up my eyes the most was just how much it 'costs' to rent.