I feel comfortable in both, and they both fit my needs.

However unlike many rehabbers I have the capital to put into longer term investments.The third reason is once again if I deal locally it's possible I can get a face to face meeting with the borrower to see what their needs and issues are.

Each tread and riser needs to be cut to fit.

You can start by calling them and saying "I have a property that fits your requirements....." you can say that because you began by talking to buyers and seeing what they are interested in!

(you can also check out my blog in the signature below) I suggest you learn an overview of the various strategies and pick the one that best fits your resources and personality.

Even if I lowered the price quite a bit, the place has some disadvantages; it is perfect for someone like me as a recreational property, but besides that it doesn't fit well into a different category - homestead, hunting, farming.

If you can find one property that fits both sets of criteria, go for it.Now, lots of folks do advocate the duplex strategy.

I guess I'm having trouble communicating the notion of generating "creative" ideas of how to leverage the asset without interrupting the cash flow much and ideally increasing the overall return on the equity.So I'll put out one idea I had in order to, hopefully, spur some brainstorming in the direction I was hoping this thread would go:Say my stepfather wants to hold the property for 10 more years.

Getting a College Education is NOT a 'one size fits all' proposition.

If you can't get it sold for cash you can turn it back to the seller (not ideal) or you can try to line up private funds to take it down and finance it.