Bonus - In house transaction management - having the original agent who listed it perform the transaction management if you want them to is much more seamless.  

This means that you make a little punk change interest on the cash you put on the street, but receive an equity bonus which is lots more profitable.Try this ad ---INVESTORS: Have cash if you have real estate.

I prefer investing in appreciating areas so long as I can cash flow as well (appreciation is a bonus, not the investment).

If I make a profit, bonus!

The property is located only a few miles from me, which is a nice bonus.  

(bonus if this experience was in California:)Thanks!

There were much better deals but this house was brand new, in a super safe area and would require little to no maintenance for the next 4 years plus there was a huge bonus room and a nice yard so my daughter could take her dog.So basically it cost me about $5000 down and nothing a month for her to have housing.

I wouldn't pay my agents 1 penny less than I do now and often send generous gifts after the sale for outstanding work.

As additional humor bonus, I add a photos of mushroom growing on the ceiling and light fixture of water.

I have 530k balance primary home first mortgage locked 3.5% for 30 years (PITI=$3263), 100k heloc balance rate 3% interest only ($600/monthly) and rental first mortgage 299k balance at 4.25% for 30 years, rent is $3000/month.Since we are living at San Jose, property tax and income tax puts us in AMT bracket with 33% IRS tax, 9.3% CA tax.I am getting around 50k savings every year as bonus, dividend etc.