I've given up on the worcester wholesaler search and have relied on my realtor and MLS to find my flips.

I knew it was a great thing to do, but I didn't have the confidence to jump in alone so having the family member and someone they trusted lead the way meant I could basically not put too much thought into it and rely on trust.

That along with the fact we rely heavily on export of raw materials and we now have a tax and spend government in place we could see a negative economic shift on the horizon.Home prices will fall at some point, impossible to predict when.

My wife is very fiscally conservative, so she does not want to use up the full $40k and rely on our regular savings for reserves.The property is a ~100 year old duplex in good condition in north central Massachusetts.

Agents rely on repeat business so what better way to get that than an investor that keeps coming back over and over.I'm sure there are many more things that can be listed but those are the one's that came to mind.

So if you rely on the income to live off of, this can be a much better choice than the stock market.I know some people who have their entire portfolio in these types of properties, because it makes a great retirement vehicle.

A cap would exist but typically buyers would rely on comps 

Nor may a bank or lending institution rely on a third party document preparer that has no direct and primary interest in the transaction to prepare a mortgage instrument for its use.

They just rely on the old tenant to leave it clean, and move in a new one almost immediately- sometimes the tenancy changes on the same day!

You taking risks is fine, but if you have dependents that rely on you then that changes the decision dynamic.