Long term does not make much money, but less work.

How Technology Changed My Real Estate Business in the Last 25 Years25 years ago I decided to “formalize” by hard money / private money investments and start an investment fund and syndicate these note opportunities.

I then divided the amount per item by the number of months of life left in them to get a CAPEX cost per month.I recently read an article by Brandon Turner on why sub-$30K houses will never make you money and he had put together a similar analysis on projected costs.Cheers,Helen

I was considering a 50/50 partnership minus any money invested into the intial purchase or for renovations. 

with self-employment money before you can buy a house. that  'm not sure about Dallas, but here in Colorado Springs and Denver where we work, the markets are kind of flat right now, so waiting a little bit to buy probably wouldn't change what you can buy too much.

Many hard money lenders (HMLs) tend to avoid properties with significant fire damage, unless the damage is minor or limited to a small area. 

The family is merciless they tell me to 'go get a job' if I have money problems, friends act jealous....

Another thing to consider is that large homes in my area are expensive so we will most likely not have a lot of money after the sale to rehab kitchens, bathrooms, and more from scratch.

The reason for selling is because the home has been a money pit (major tenant damage) and a revolving door (tenants leaving).

I can continue my own investment and my sister has money to pay off her debt.