Is it wise to buy a property that negative cash flows if it is an appreciation play?

It's also common in some jobs to make everyone some type of manager.... because generally speaking HR wise mangers are exempt from overtime.

If the margins are so thin that you can't afford a plan ticket and two nights in a hotel to look at your investments, then I suggest you consider selling. agreed KC is an easy city to traverse time wise its not like trying to drive around the bay area during heavy traffic times. 

You will also need proof showing fund used for the purchase is your money (two months of bank statement).Interest rate wise there is no difference between delayed financing and cash out refi.

It probably doesn't makes sense cost-wise if your only purpose for it is advertising, but its a great system for day-to-day management as well and well worth the money if you use it for both functions.Best of luck!

The 2nd bath, on the other hand, cost a lot price wise but doesn't add much rent and only increases maintenance (one more toilet/sink/shower) in my opinion and experience.I actually discovered this on accident ...

If memory serves me correctly, this is under Article 12 of the statutes.Although I have done a lot of real estate business in Texas, I have never studied the real estate agency laws for Texas.To be absolutely sure, it may be wise for you to contact the Texas Real Estate Commission to get the answer from the source.

Use that extra cash WISELY (if you're after "bigger pockets")!

If the risks (both the subject to/due on sale issue AND the title insurance issue) can be negated entirely with alternative financing, it just seems penny wise pound foolish not to explore that option instead of the subject to/no title insurance, which COULD (not will for certain, but we do agree it could) end up a big mess.

I noticed the market, and decided to have our team set up to have the infrastructure in place to meet flippers needs after they purchase from wholesalers, auctions, etc  to when they list.So our core focus is below.1) Priced right (Getting the best price the market can offer)2) Fast selling (holding costs)3) Execution( Staging, Photography, Contractors if needed during the flip, asset loans, marketing, etc)Also in Delaware its an attorney state, so the chemistry has to be in place other wise deals can blow up if the team is not glued.Our problems are different from the traditional realtors, as I believe in specializing in one type of client to meet their needs more efficiently.If we miss other opportunities by not servicing others, I'm happy about that, because that means we stayed disciplined and sharpen our edge.