If you are in Durham and traveling back and forth to Knightdale more than infrequently, you may get tired of that travel.

I like you're idea to house hack as it will put you on the fast track towards your next rental but I think you're education in dealing with tenants and understanding the business is far more valuable and I think you will eventually grow tired of writing all those checks to a property management company when you realize it's not as difficult as you think, especially if you are living there on the premises.

There was legal table gambling, the drinking age was 18, steaks the size of car tires and she made a bundle.

Right or Wrong.But, most of all, I am tired of "Doom and Gloom".

After spending a month or two here, it is quite clear who are the do'ers and who are the tire kickers or phonies.Perhaps the best answer is to get involved both with your local RE investment clubs and stay active here on BP.

This lets the bank know I'm really accepting it as-is and I'm not kickin' tires.1st mistake: It's a bi-level.

The world is full of tire kickers, spending their Sundays test driving cars they can't afford and looking at houses they can't afford.They like to pretend until it comes time for the money.

It is a good idea, but I think you will find the immense hassle of dozens of cards to become tiring after a while.

Somebody just builds a nicer, newer place farther out (although eventually this may change as people will tire of driving farther and farther).Also, property taxes are the second biggest expense after mortgage and at roughly 1.25% of purchase price with a 2% capped yearly increase, CA taxes are much more favorable than say Texas, which are roughly double and have no cap or even Indiana, which charge investors a much higher property tax rate than homeowners.Finally, costs can be a little lower here.

Though the current market has something to do with removing some sellers as "motivated" due to the fact that many sellers can get full market value, in my opinion, your method of going after FSBOS in this market is not the best road to true "motivated sellers.A motivated seller is often due to a life changing experience, an out of state or tired landlord, etc.