might be a rental but the decision has not been made yet.

Maybe not the best decision but the cash I spent on it motivated me even more to take action.

Hey Brian Burke - Brandon Turner is on his way to SFO, but the poor guy's flight was crazy delayed all afternoon.

Brian Gibbons Let's say for arguments/analysis sake, I wholesaled this lease option to a tenant-buyer who had poor credit rating, desperate for a house and desperate to rebuild his credit.

UPDATETwo things have changed since I last posted:a) We wanted to get in a renter ASAP and not wait for the decision of which way to go, so I posted an ad actually for $1595 not $1500 and got a new tenant.b) I worked on the insurance and got the annual cost down from $808 to $566 with higher coverage.So now the revenue is higher by $95/month than previously expected and the cost is $20 lower.

The property, the location, the value of the deal, what they do, their credit, their ability to buy, the extent of and scope of work to be done, the cost of job to be done all paly into the decision.

Congrats on making the decision to jump out of the frying pan and into the fire...The real estate investing fire, that is...

Whenever making an investment decision, please consult with your legal, tax, and accounting professionals.”

This affects your investment decisions.- When necessary, seek advice from licensed professionals, such as attorneys and financial planners.Even with a lot of book knowledge, you will find actual experience extremely valuable.

Also, I'd like to know why you make the decision to wholesale or hold.