Long day:I'm mid thirties and in fairly reasonable shape, working out and maintaining a TIGHT chicken wing and craft beer diet.

I realize it will be financially tight for me for a couple of months, but he did put a lot of work into the place and since he is my neighbor I want to maintain the relationship.

But...real estate is real estate and you just have to do everything you can to run a tight ship.

If rents are tight and increasing, chances are you have a pretty good investment and may appreciate accordingly.

I'd say you would need to get to Fayettville to have a pool of investors interested in showing up for an REI meeting, the small communities are rather tight knit, probably no more than 3 guys and a dog in thier area and they won't talking about how to do it for more competition, the dog might have more to say!

Some industries are counter cyclical, for example multi-family has been hot because the stagnant housing market, tight lending environment, and poor job market force people to rent.

Its also very tight here, too.I think the bedroom adjustment has as much to do with size as count.

If things get a little tight financially I plan to only pay the interest on the heloc.Is this a solid plan.

That's also on owner occupied loans that can be tight, investor loans would be more critical requiring more of a spread with income so it's not likely a buy down would really save a deal for an investor unless there was a significant drop in rate.

. $400-$600/SF is certainly possible for ground-up residential if there are unique attributes to the site such as slope, tight access, no laydown area, etc.