Personally, I really enjoy them because it's less about speed and more about attitude and problem-solving skills.

I personally love St Petersburg, it's more of my speed.

They are mid range cost, very durable and adjustable.

Unfortunately there are no crystal balls for the prediction of the market so waiting on the sidelines to adjust wait to time the market is not the best move to make.

Table 2 has Adjusted AFR - which if this rate moves as interest rates move, I'd rather stay away and lock in a low rate while I can.Looking to keep it safe and don't mind if it's a couple .01% high.  

If you want this property you will probably have to adjust your offer, if not you can move on to the next one. 

So I added the 50K you said you might be saving in labor costs, upping it to 75K.With these costs adjusted at 6 months holding, you're still making out at about 21% ROI for the deal, and you get paid for doing the work. 

They weren't willing to co-sign...However, after meeting with a local bank who has been good to me, my wife, and our families we were offered the following terms..Yellow: Cash out $205,000 at 5.25% - adjustable rate.

That's what they use adjustments for. 

We are nearing the end of the business cycle so make sure whatever you pick up is at the appropriate risk adjusted cap rate (especially with rates rising 2-3 more times this year and another 3 times next year).