It turned out that ‘held’ was a bad choice of words on their part as (to me at least) it implies that we will get it paid at some later date.

For the purposes of the forum I was still referring to it as a "flip", but I'm really just concerned with how much I will make in resale in the same way any other homeowner would; I simply don't think it's a wise choice to purchase a property and spend money to fix it when I know I would never be able to get it back.I apologize for the confusion, and I'm now certainly embarassed that it has appeared I was trying to be an investor who would fraudulantly "pose" as an Owner-Occupant; this would NOT be the case at all, I simply have never lived in or looked at a house that needs a lot of repair, and I am trying to figure out if it is a smart purchase.

Because the comps. in the neighborhood are so weak I have no choice but to accept the appraisal.

Let's say you went out on a weekend and saw 10 investments properties.What metric would you use to rank the 10 choices 1-10 or best to worst?

Many people who had jobs saw their mortgages re-set to levels they could not afford, so they walked away from their homes or stopped paying mortgages and got foreclosed on.At the same time, many new households were prevented from buying homes by skittish banks, and then by formally higher lending standards.These two groups of people - employed people who could no longer afford their mortgages and would-be homeowners who were turned down for loans - had no choice but to rent.  

What do you think a person who is worth between $5 million and $25 million dollars would consider the most important to the least important when looking at investment choices?

catalogId=10053&langId=-1&keyword=rustoleum+cabinet&storeId=10051#.UNC7h4M0WSoIf I went that route what do you think would be the best choice between those three?

I totally understand that it is hard because there are so many tempting choices.

*I Am A Newbie*Congrats on your choice to at least look into this!

Had to be dog-friendly, so limited our choices.