It is 10x better to keep the home vacant for several months than to bring in the wrong tenant.My first investment property I purchased across the street from Sugarloaf Country Club was vacant for 6 months and i got scared, but the wait was well worth it as the same tenant will be renewing with me for the 7th year.

Obviously going long distance didn't scare you away since you are doing another.

A couple months ago, I bought a home from HUD, and signed that I intended to occupy the property myself, which I honestly did intend to do. However, due to a variety of reasons, I may have to cancel this move to anoth...

Messing with cast iron (which my other house has here in FL - and yes it's on a slab) scared me :P Something I'd hire out for because I'm not that confident with that stuff.

All of sudden they have to contract everything out, and their return will be similar to an REIT or even worse.The foundation of a Healthy US Economy is the Health of the Real Estate Market.

I think when people are too scared to talk to the police and too threatened to testify in court, a given geographic part of any area is essentially lost.

When they realize your not scared to toss them out, it usually calls the bluff.

Really, if a realtor is not doing at least $4mm of production, it's not a very good living after factoring in the irregular and long hours, automobile expenses, office and marketing expenses, BOR/MLS fees, self employment taxes, buying your own health insurance, etc. etc.

To expound, you can get the gain excluded for a personal residence for reasons of health (presume if you had to sell your house to go into an assisted living situation), relocation, and "unforeseen circumstances."

Well, gee, u can go nuts I guess, with being scared of liability.FYI I close with an attorney drafting Lease Purchase documents, and signing with witnesses and a notary.Steps in a Lease Option AssignmentStep 1.