Should I bag the whole idea and just toss our savings into Silver??  

Shippan point in Stamford is a beautiful area, sounds like that was a good deal!

Purchase price: $215,000 Cash invested: $7,000 19th century 6.02 acre gentlemen's farm, 1880 sq foot farmhouse completely renovated between 2016-2018, beautiful stone barn with 4 horse stalls and outbuildings kept in working condition.

Literally no money down is a beautiful thing, however on the opposite end of the spectrum, we are paid significantly less than your average American. 

@David Hagen It looks beautiful.

We love restoring beautiful old homes and improving the neighborhood.

It's still the slow time of year due to our beautiful winter weather so hang in there.

These are great tips I can put in my tool bag for future purchases.

If you received $ in rent or for products you sold, that $ could be taxable even if you used all of it for principle on a property or to buy more product inventory to resell.The Treasury doesn't want a door or window from your property or a bag of widgets that you sell. 

The beauty of this is that I have already had tenants excited about the improvements to the property thank me as they are now proud to call the place home.