Purchase price: $55,000 Cash invested: $30,000 Sale price: $75,000 Contributors: Peter Vekselman Partner Driven and Seth Choate bought this property on Gum Street in Tracy City, Tennessee, for $55,000.

Next up: How to chew gum and walk at the same time....

You have the guy at the mall chewing gum, the sleazy guy at the car lot, or some highly successful corporate salesperson.  

If your expert determines otherwise, then maybe you have a case that its a bubble gum/bandaid repair and treat it accordingly asking for a proper repair.

To use all of your cash flow to gum stuff together for twenty years to only gain appreciation is silly.

If yes,keep it and let the tenant follow their pipe dreams of home ownership somewhere else.Don't make their problems yours.If she needs section 8 to pay her bills,she can't safely finance a stick of gum let alone your property and you'd be headed for a long an expensive foreclosure before long.Now if YOU need to sell because you can't afford to repair it or it will need major repairs like a new roof,appliances,etc. and you haven't been setting aside money every month to pay for them well then that's different.Put it on the Bigger Pockets marketplace and let one of us buy it from you and relieve you of the burden.Good luck.

Asbestos wrap usually appears a little thicker - this could just be paper and mastic (of course, the mastic could contain asbestos).  

Most properties in war zones (that I've seen) were rehabbed with bubble gum and duct tape.

Also, you should be charging/paying at least 1 thing per month on each card (a pair of socks, pack of gum, whatever) so that your payment history can improve your score over time.

It's like chewing gum and walking down the street.