Flipping is difficult and lots of people get burned doing it.  

Doing my best not to burn any bridges "just in case", but I would be interested in coming another time.  

Or I hold it for 3 years, or it burns to the ground, etc.  

We've been burned bad in the last few down turns so I don't want to take another big ride down with all of our savings, we are still in the market but I feel a lot better about our diversification.

Some investors put it off and become burned out landlords.  

If it had burned down, what is the smallest check from the insurance company that you would take without getting really, really mad?

One of the properties shows a nice home that appears to be recently updated, but when you drive by, it's a burned out shell without a roof.

Not smoking itself, but if there are burn holes in the floor from cigarettes, smoke damage, etc.

To them, I'm sure I'm some fat cat investor--not just someone else holding a mortgage, trying to do better than watching my retirement IRA dwindle away.  

I do not want to burn any bridges or make either of them mad mad that I am going behind their backs about the situation but at the same time I don't feel I have had enough time to choose which to go with.