[mudman]

Sparty, do you know the cost of that course? I could call Bass Pro...

Rex, where in Oakland County? What type of house? Where have you advertised?

Jurgen, do you have any math/data that says a $15k house rented for $650/mo is less profitable than a $60k house rented for $750/mo? I won't expect the cheap property to appreciate and there will be more 'maintenance', but is that better than having $45k more into a house? There is some crazy upside potential in some properties around here, but they take more cash up front and we don't make much %wise until we sell, which all depends on things I can't predict.

We are definitely looking long term, but by my math this should turn a profit in a couple of years. We're not counting on resale profit, but rental revenue for profit. After we get a few homes going we'll consider some short term holds on pricier properties depending on market conditions. I have no idea what the future holds for this area but I know that there will be more people looking to rent for the next few years.