Are you staying local so you can self-manage, or planning on property management which will eat into your cash flow?

@Christopher Olsen my hunch is that taxes would eat up most of your returns.

Aim for constant improvement and consciously and methodically work towards positive change where you need it most.Pick a strategy and stick with it!

I think we can do this easily be eating at restaurants 1 less time per week.

Both are fun and better than nothing, and whether you invest in stock market or REI or both, you would most likely end up better off than those who don't make any action.What I think the important thing though in 401k and IRA is to know what you are investing in (or your employer's investing in for you) and make conscious decisions.

@Johnoson CrutchfieldIt would be pretty easy to eat up the $70,000 that you expect will be profit at the end of the project.

Come hangout as we show off our costumes, eat, drink, and get sp00ky.

Credit: as your relatives you buy the home, this will eat up a great portion of their credit so if they plan to take on a loan to (i.e.) buy a new car, I can be more challenging for  them.

But then you put their 3 day notice to cure high enough the puppy doesn't eat it and charge double after that!

I offer to apply his portion of the deposit to the repairs, but he also needs to give me additional money to cover the overages (the estimate was double the cost of his deposit) with the caveat that if it is less, I'll return the left over money and if it is more, I'll eat those costs.