Meaning you want to place yourself in a position so you can't lose.

I know you're not supposed to get emotionally involved but I don't want to lose this deal.

I would lose the cash flow because of repairs.

If I leave it as-is, the rent capability would be less, meaning negative cash-flow, but I'd have more left to invest.If I sell I would have cash in-hand, but I lose any long-term opportunity in holding the property, which I believe will appreciate about 5-10% in the next two years.

I think Real Estate is the best profitable place to investment your valuable money easily.

Purchased $63,000I could rent both of these pretty easily BUT I could also make a decent profit if I was to sell them both as homes in that area sell between $85,000-$115,000.

I play on having a large amount of spare time.If need be I could relatively easily acquire a job paying 50-60k per year @ a 40hr workweek as a staff nurse at a local hospital.I live 55 miles south of knoxville, which is where i would like to buy a home, which essentially, will be my first investment property a year or two down the line.I plan on living in what I buy while i finish up clinicals in knox (would save me driving time)Down to the numbers, there are several homes (just by simply looking at the MLS), that would probably make suitable places to live in and in the future transition into rentals.

Jimmy Hong, if you delay your move to Austin and purchase a new primary residence in the same area in which you are now living, you'll most likely lose your proration of the capital gains exclusion.

If you do business in different states then its in your best interest to find one in each of your markets...or leave it to chance and lose out on good deals and good money in the process.

I prefer something that can be repaired more easily, like vinyl tiles.