I couldn't imagine managing only one property, but managing 26 is not bad from a time vs. profit perspective.

Like Bill said, non-profits can be quite profitable for the organizers.

However bad years even out the yield so that a 4% average return is most likely scenario.Many people have profited in the past from land price inflation.

If its over 10%, the investors get 8% plus half the profit over 10% and you get 2% plus the other half of the profit over 10%.

I also agree with Don, again, without any buts.Lending is IMO more profitable than most other ventures at the end of the year with much less sweat or brain damage.

I've proposed the investor buying it still, the contractor and I going in on the house together (I work with the contractor daily, so we are on a good working relationship) and when the contractor and I sell we give the investor $80k the contractor geting his ~$15-18k costs back to pay subs, etc. and the contractor being paid his $7-10k profit on the deal for his contracting work.

When I quit my job, I was doing more flips but had less profit in each one due to using other peoples money.

I would think that if you held it for a few months before renting it for a weekend, you'd be OK, it really would not be an investment property purchased with the intent of making a profit but you're limiting expenses of your second home.

Plus an average profit of $2,500 per home sale is $50,000.

You stand to make a nice profit and can roll that cash into something else and capitalize on the market thats hot or up and coming.As Joel said sell at the peak, I wonder how many people would do things differently if they knew than what they know now??