I have struggled with this decision very much lately.

After bringing in multiple contractors I've made the decision to tear down the houses.

That makes it a tougher decision.

When they are ready to make a decision, they will contact you.Jack

So much to learn, so many decisions, and everyone here in Florida seems to be an investor.

I am always fascinated by the emotional decisions people will make when it comes to marketing, buying, selling, etc.

As long as the seller realizes his continuing liability on the loans, and that the buyer has the ability to walk away with no personal liability, this can be a great "insurance policy" against inflationary erosion of the dollar.Essentially trading equity for leverage, much depends on your projected holding period, debt coverage ratios, projected growth (positive or negative) for the particular area, etc.

Wanna trade???

Josh, my experience as a contractor informs my decisions as an investor.

Assuming you have an accurate ARV you can't make a decision until you know what the rehab is going to cost.