Purchase price: $125,000 Cash invested: $60,000 Sale price: $255,000 This is a fix and flip in the heart of old town Greewood Indiana.

I still need to run the numbers but its in the heart of downtown and seems to be a good investment.

I would flip in this market if I found a great deal, or do hard money lending, or just build up reserves for the next downturn, but I have not been as active on the buy and hold side, and I wouldn't advise going out of state because you give up your control and have to be 100% reliant on others (who may or may not be competent and/or have your best financial interests at heart) in a market you are less familiar with and have limited access to.

A boost in value of nearly $3,000,000 Lessons learned?

And living next to your tenant isn't for the faint of heart either.

Redstone Arsenal/Research Oark are the heart of Huntsville.

I was so nervous that I thought my heart is going to fall out.

I don't think it matters as much as the hustle and the heart matters.

Boost.

Thanks guys, both of your comments have been helpful and have givin me a boost of confidence!!