"I bought another house today" to them is a gamble I just took, to me its at least $25k already in the bank.  

If she had to move cause you wanted to get market rent, you take a gamble and your new market rent tenant could be a nightmare. 

The offer was so low they said no but a week goes by and nothing happens... the thrill of possible sale replaced by the drudgery of trying to sell.Don't forget to represent yourself as the person who can solve the sellers problem.  

Criminal Code of 1961; Gambling F.

They knew I was not operating a charity in buying their home - they knew I was going to make money, and they were thrilled for me.

I do admit that you do make a lot of sense, but really you're that much more luckier than everyone else that you're able to confidently say just gamble and go for it?

I have some tentative plans to send out some new direct-mail campaigns, and while I'm not thrilled about them, I will probably continue trying the bandit signs for now.My short term need/goal is to get the business at least functioning in the next 3 months, that will keep me from having to retreat to my 9-5 career.  

In my mind $8k is more money than I'm willing to gamble with and the course felt like too much of a gamble (let's put it this way..

I was thrilled they were able to fill the property this time of year when fewer people move.

If you however are taking a big chunk of your money down in hopes you hit it big that is gambling and I saw many lose their shirts before.A lot of these projects being talked about no all come to completion.