I would be trail closing all the time  ..start with the big production of laying the hundo on the table.. then I would say I know you are smart people ( they agree with me everyone agree's they are smart)so  I am going to be as straight forward as I can.And I am sure you appreciate that as well.. and I KNOW your the type of people that would just come out with it that you either trust someone or you show them the door.. you never hold that in right ????

I think it's a smart idea, just another form of OPM. 

If you have the money and can put a smart and reliable team together, then it may be ok.Just real estate investing has many different routes in different markets.

And no utility connection costs, that was paid when the house was built, so all you'd be paying now is perhaps for a new water meter (the device itself, not the connection fee part). 

Then, after they have incurred unplanned holding costs, they are having to reduce the price and further slashing their margins.Be smart.  

To be successful in real estate requires a high degree of self-motivation, drive, and smart decision making.8.

Hey BinGreat job on your project in Riverdale .I'm curious how the heating conversion cost so every tenant pays there own heat , very smart idea, I'm thinking to do the same thing.

There are certain areas in the country where most properties will not cash flow for an investor unless you put a large percentage down, which then generally is not a smart investment due to very compressed cash on cash returns, and you could have likely made more with that down payment on a more passive investment.

If prices do not drop I will continue to make smart purchases.  

Sharing here for conveneince:Bullet Points for St Petersburg: Short term rentals (anything less than a month) are technically illegal, but...Code enforcement only enforces this on a "by complaint" basis.The City can't change this law in any way (in either direction) without risking losing the ability to regulate short term rentals altogether, so...We have a thriving Air BNB "black market", but it's inherently risky and you should not base your long term cash flow numbers on this model...the smart strategy seems to be get it while you can, but be prepared to quickly shift to a long term rental strategy if you get busted.