If using it as a long term rental doesn't cash flow you are gambling on the short term rental working out.

Sometimes I like to gamble, based on the risk/reward.

It's always a gamble with the government is involved, and I lost on this one.

That is an uncontrollable variable.

No Financial ClarityIf you don’t know your NOI, occupancy rate, or when leases are expiring, you’re not investing, you’re gambling.

I have It on a float but will probably lock It tomorrow as the lender said he was expecting about 60 days to close which would be the length of my rate lock.. trying to gamble the timing to not have to come outve pocket for an extension.

oh well ya using a Heloc and being 100% levered on a real estate purchase is a huge gamble in many makrets.

A gamble on gambles of volatility moving certain ways in certain time windows..... 

There isn't even a forum for discussing marketing to generate motivated seller leads anymore which is at the core of all real estate investment, nothing happens and nothing matters if there's no motivated seller.Paying retail, getting bank financing, and renting out at a loss isn't real estate investing it's idiotic speculation at best and out right gambling at worst.I do wonder where all the real investors went.

People viewed it as gambling.