If you want to gamble and pay as little as possible, you could just go file the deed for about $75 at the county clerk.

I bought the house last week for 20k including delivery so I figured it's a gamble I can live with.

Even so, this lady wasn't always 80. 25 years ago she was 55, and 25 years ago was 1997 and everyone and their brother and cousin that didn't already own one was buying a personal computer and signing up for AOL or Prodigy or Compuserve and getting on the World Wide Web. 20 years ago she was 60 and we'd already had a DotCom bust, everyone was sporting laptops and we were getting perilously close to Smartphones.

Something I wear a sports jacket with this, but not in the summer.               

Don’t be afraid to gamble with nothing just be smart about your bets and smart with your winnings.

I’ll have a table reserved for us and Caroline and I will both be sporting our BiggerPockets hoodies so you can spot us as soon as you get in.

Saying your tenant is paying the interest on your mortgage is like saying you can gamble at the casino when you’re ahead because you’re playing with the houses money.

In a rapidly rising market, some investors will pay more in anticipation of appreciation, but I call that "gambling".  

I called several of his references, and they had nothing but positive comments on the guy.We decided to take the gamble and negotiate a contract with the guy.

The only possible cash flow strategy I can think of is to gamble on rent control cities by buying out tenants to make the numbers work (much harder in SF now).