Posted by RR Smith on October 28, 2000 at 11:45:02:
The question you have to ask is not if it is possible to be in that market, but wither it would be profitable to be in it for 3 short years. ~~ Most REI strat. have a long investment horizon (unlike the stock market) LONG TERM is indeed long term (decades). With this in mind you could still cut good terms on the receiving end of a Rent to Own (transferable Lease Option to Buy), which does not require banks or brokers just a good RE lawyer and Title Company.
The surrounding national economy and local state economy CAN NOT be ignored since this will affect your profit picture a great deal. The first two Locations in the location, location, location rule. good Hunting