., the march of a thousand miles begins with the first step. 

Right now I have a 3/1/1 about a half mile away I'm getting $1000.00 a month for.The house is a short sale; asking price $84,400.

Relocation -A borrower may be eligible to obtain another FHA-insured mortgage without being required to sell an existing property covered by an FHA-insured mortgage if the borrower is:Relocating or has relocated for an employment related reason, andEstablishing or has established a new principal residence in an area more like than 100 miles from the borrower’s current primary residence.If the borrower moves back to the original area, the borrower is not required to live in the original house and may obtain a new FHA-insured mortgage on a new principal residence.

You take half and distribute the other half to your investor pool on a pro rata basis.

Your half-way there @Katharine Gonzalez.  

I go to Barnes & Noble to buy books that they've purchased at half the price they're selling those books to me for -- they've added no value to the commodity whatsoever. 

I have a couple units that are taxed at about half their current value.  

Despite our prices went down in 2008, they are already back up over 50% and turnkeys sell in weeks in most areas.I have seen some California investors purchasing SFRs rentals out of state in the $120k-$160k range, just to learn the seller, who was also an investor, had just purchased the house a few weeks prior for half price and, judging from the old online photos, the rehab was just paint and carpet.

The verbal agreement was that my roommate would pay half of rent and utilities.

Inflation can cut your rental income in half every 15 years historically.Your rental income today will not have the same buying power if it is not appreciating by at least 3%.