I would not factor in much, if any % for yearly increase.

Having a farm area also allows you to consistently focus your marketing, leading to repeated exposure and increased response rates.

The concept of lease-option to increase rent is tried and true.However, in your case with a condo...you did the right thing to sell it.Never buy a condo as a rental...the long haul for real estate is appreciation, increased rents and keeping expenses low.Condo dues...no land...all go the other way...Stick with single family homes in working class neighborhoods...Good Luck!

On top of that she was not told that everytime she makes that 3% payment that her balance on her mortgage is increasing.

Also however, in that 3 year period you will reduce morg. balance and receive depreciation to increase your return rate.

They NEED money to run the country and compete with other currencies/countries... but I do understand that increased taxes usually kills the "little man" not the "millionaires"... eh... my 2cents.

With only a 200 per month to play with in terms of a loan, it's not likely that will get enough loan to pay cash for another property, but if you can increase your cash flow by another 200 bucks a month after all expenses, then perhaps taking on another mort payment would be worth it.

Now of course if you want something custom built, and all that, then yes you are going to be increasing your cost, but what I like about these modular homes is that you can "customize" it to an extent.

Many owners use this option, but we also handle many resales, since several owners are also happy to cash out at post-construction prices when the property values have increased by 30-40%, which is exactly what happens with the vacation resort properties.If you have clients who are interested in this kind of investment, then you really do need to try to locate the pre-construction deals that are out there to offer them.

You can't force someone to be motivated, however time always increases motivation.