My ideal scenario would be that we find a 2 or more acre lot, hubby the 2 kids and I are in the "main" houses and there is a cottage house or some sort of agreeable sized outbuilding where my parents are -- hence, they are close enough where we can help them out but both families have their own space.This more than likely would have to be new construction as I don't know if these types of properties are available around here (at least listed on the MLS).And of course space costs money in real estate.Any suggestions (other than don't do it, ha ha!)

Ideally, you are living a corporate lifestyle, where your company covers the expenses of many things for you like cell phones, gasoline, gym membership, car insurance, business trips & training, office supplies/furniture/equipment, etc.. other business expenses.

Have you factored in turnover rehab, CPA/attorney fees, Evictions, etc into your calculations?

Your goals and use of the property are also factors as Rudy mentioned. :)

On to 2b:Cash Invested: 28000 (20K down, plus closing, cosmetic fixup, and holding costs)Gross Annual Income: 14400Expenses: 7200Debt Service: 4723Cash Flow: 2477An income of $2477 on $28000 invested gives you a pre-tax return of 8.85%.The fact that in 2b you leave the mortgage in place introduces another factor – mortgage paydown, which affects both your taxes and long term return.On an 80K loan with 4.25% interest, the principle is reduced by an average of $112 per month during the first year, or $1349 total for the year.

Factor in that your costs are probably going to be higher, and your income could be lower.

Hey Adam Demchik - I think it still should ideally apply.

I passed the exam with flying colors and believe that the training I received and the practice exams were a big factor in my passing the exams.

"fair market value" changes depending on when you buy (where you are in the cycle of a market) along with a bunch of other factors.

I'd factor in an extra $500, not including fixing the source of the problem, which could be a cheap fix or an expensive fix...no way to tell from the video.