I would really like more details on the property to give you advice. 250+ Dom is usually a sign of serious issues with a property, investors won't let good properties sit that long.If you can supply details like purchase price, rehab cost, ARV, time frame to rehab and so on we can give you better advice.Are you nervous about unknowns, or because your using family money?

I work 70 hours a week its hard to find time to sit and wait for him to leave.

I've read through 10 pages of threads on conversions trying to answer my questions and haven't found the answer I'm looking for.Here's the background.Primary residence (from 2011) purchase price: $10kCounty assessment (structure only): $70kOnly about $2k in costs so far.I've been in the house for over 2 years, so I'm sitting on my $125k capital gains exclusion (house would likely sell for $50k as is)...

Let's say that you have 7 rental properties and you are sitting on million dollar in cash and have million dollar mortgage fixed 30 year at 4% against these 7 rental properties.

My dad has been a truck driver most of my life, so I am familiar with the business, and it as always held my interests, so as I daydream about all this real estate money I'm gonna have sitting around waiting to make me more money, I was just curious if anyone has ever had any experience in the trucking business they would share.

I recall a saying I heard "if it's in the newspaper it has to be true".

Am looking at a deal with a very motivated seller.House is in decent shape and I believe I could get the property at a great price.The concern I have is the location.It's not the best in terms of traffic and some industry.Other homes on the street are in very good shape.The house sits on the corner of what is a busy street to the side and a quite street to the front.Is there a point where the price the property is purchased at offsets the not so great location?

Sit down with them and find out what steps you need to be taking.

HUD also has an area on their HUDhomestore.com website which gives you the winning bidder results on recent transactions (it's a button on the upper right if I recall).Mark Ferguson is on the site, and is a high volume HUD listing agent in Colorado.

@Corey Davis I think the answer to your question is a two parter.Part one: Just sit down and run the numbers on your area house, and run the numbers on one of these cash houses, and compare and see what cash on cash you like better.part two: other than the return value, whether or not 20k in a higher home with higher rent is worth more than 20k in a cash home, its kind of a "beauty is in the eye of the beholder" type situation.