If you buy 'far away' from home, then just one unanticipated trip to the property (flights, hotel, car) will greatly reduce your profits 3.

OTH, the payoff is a bit of intelligence that may lead you to an offer, especially if there are other liens involved, a senior lien holder will be squeezing junior lien holders to reduce amounts needed to give clear title, you can see how the game may be played out.

Steve,Can you try reducing the price by a few dollars.

Or are you looking to house-hack and live at a reduced rate, and then cash-flow when you move to your next property? 

If a bad tenant kills the lawn (or worse, kills the trees)  the cost to repair the yard could be very high and also reduce my ability to rent if the trees are gone.I would like to hear some opinions about what makes the most sense in this situation.Thank you,Rob

If so and the numbers still work go for it.If there are no comps on the main road reduce 15% of ARV from the non main road comps and you should be safe.

@Dave Godfrey - I would imagine that a new home builder is going to give concessions before they reduce the sale price.

It would take a hella long time for you to pay off the property from just your rents compared to other cities.Somethings to consider:are you looking to live rent free or with reduced rent or for positive cashflow?

But P&G found that this micro-targeting of specific consumers based on the data Facebook has collected on them reduced reach and wasn’t working."

For now, we are getting early occupancy agreement, which will reduce 99% of my angst.