Basically nothing.You get $200 buck a month cash flowYou pay the mortgage if a tenant ever moves out on youYou don't have your money leveraged at all, so it's NOT working hard for you.Otherwise each has similar risks which are both minimal.

Not sitting at this cubicle I am at right now, if you haven't noticed, I've been posting a lot so that means I am doing minimal work, I am not even interested in...

But, if your holding costs increase there's no reason to increase your costs by more than you'll save in taxes.A couple of times I've had people ready to buy my flips but I've convinced them that's it in THEIR best interest to delay the closing (until my holding time reaches the threshold for LTCG).

Its a condo.In the very same building, another unit exactly like mine that has minimal renovations done...its selling for 75K more than the purchase price of my condo.

The key for me is to select activities that will minimize that risk.

:mrgreen: I agree with you that other markets are a better option for me, someone with minimal savings and lower income.

I'm just saying that a little diversification can be good and I know in my own case, my luck with appreciation (and luck is what it was) has made me much more money than if I had bought and held a good cash-flowing property with minimal appreciation for many, many years.

The closing kept getting delayed because my lawyer and buyer’s lawyer couldn’t find a time that was “convenient” for them, never mind the buyer who had to be out of their apartment whether they closed or not or me who needed the deal to close so I could move out west.

My agent will do whatever I ask, but it just adds delay when she then has to go back to the sellers agent and request this information.Thanks

If something crazy like that happens, you want to be losing as little money as possible.Relatedly, it also means you want to minimize your down payment.