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  • #16
    Although I'm generally in favor of real estate as a side gig I'd agree it probably isn't as reasonably priced as you think or someone would have purchased it already. If you were going to rent either of these places I'd be far more encouraging. It sounds like way too much aggravation and speculation for someone who isn't plugged into the local the real estate culture. No interest in purchasing it as a rental?

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    • #17
      I vote no. Any "instant equity" can vaporize to bring the home up to par. If it was in "turnkey" condition, it'd be priced such. Between transaction costs & having to "spruce up", you will not be ahead financially. I'm willing to bet 4 slices of pizza on it.

      Add it the time/effort of moving, multiplied by the fact you don't need to move, ummmmmm, no.
      $1 saved = >$1 earned. ✓

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