Investment Info:

Single-family residence buy & hold investment.

Purchase price: $325,000

Cash invested: $50,000

3 bed, 2 bath beach box. 980 square feet

And that Lady ( Wendy) makes 400.00 a file  so you take her 30 to 40 files a year and that is another 12k to 16k over head for my wife .

So lately I had to calmed down the noise in my head about what I should do and not do with my property.

Thanks for the heads up about the FFREIA, I was just about to start looking to see if Rochester had an association.As to how long I've been studying up on this, I've got a college buddy in Buffalo with a few MF and commercial units who's brain I've been picking for the past few years; however, I only recently started seriously educating myself, maybe 2-4 hours / day over the past few weeks.

Unfortunately, location drives price and if you pay the premium for location because you want to live in a desirable location you can't necessarily add granite and tile and new this and new that without making a marginal return head negative.  

I agree that anyone who thinks we are heading for a crash, 20% or more loss in home value, is just fearful from what happened before. 

@Kyle Mason  When deal making like this, if it is in fact a good deal always keep the variable in the back of your head that someone else is going to come in buy it cash.

As someone else wrote, more and more finance companies are springing up so if you are headed toward new homes you may not need anything else.

@Bob Malecki I appreciate the heads up.  

I know you wont be able to predict where you will be getting orders to next but if you do head into a more expensive appreciation based market I think that would be a better area to us your VA loan in.