Prices diverged from a historical 6% growth rate from the mid 70's to the early 80's.

Hence you are re-investing the profits to grow the business to a more sustainable level.Like a start up company you have to put in money to get things off the ground.

Asking for proof of funds is to verify that the buyer has the ability to close the deal.

If it is from doing deals anything that reduces your ability to do deals means it is costing you money no matter how much an hour it pays.No one when starting out is able to fill every hour hunting for deals.

Growth is all over the place thanks to the influx of NY and NJ ex-pats looking for cheaper cost of living, though lately it feels like it's starting to even out a bit.

Year over year, we are pretty flat in terms of account growth thanks to fixing up our home.I'm thinking of buying small to mid sized historic cape-cod, cottage and foursquare urban homes and renting them out and rehabbing them as time and money allows, probably selling a few after a few years but keeping "the best."

Big City--Small town feel.Also, the growth of the city recently has the city excited.

Your sub-2 deal has no bearing on the lenders ability to foreclose.

The area around here ( Jackson County) is not big on industrial type development (no particulate polution) and we have land use laws the prohibit growth.

Maybe they are a great tenant or maybe they are the reason the landlord is selling.If you buy and the place is vacant then you are depending on your ability to screen tenants.