@Andy ThaoA lot of new investors here on Bigger Pockets know that property values were at their lowest in 2010-2012, and since the market has gone up quite far since then they are afraid to buy now for the worry that we may be heading into another bubble and the belief that they should wait until the next recession when prices are super low again.Peaks in land values typically happen every 18 years.

Well the if your one of them low ball crazies rang through my head.... back to my oh crap what did I agree too terms I offered... basically turned into a JV subject to agreement.

Just a heads up if you go to refi as an investment property down the road.

Thanks for the heads up.

@Timothy Riley - The 2 sump pumps definitely had us scratching our heads in there, but made it work and sealed the 3rd additional catch basin. lol I'm glad that you were still able to find success when the market turned.

I have just recently moved to Marion/Cedar Rapids to play ball with the Titans, I am wondering what the market is like in this area?

. - I'm not even sure if creative financing the remaining part of loans is possible especially low downpayment loans at that, but it came to my head as I was writing this, which means I'm starting to think as an investor which is a good thing.

I can't seem to wrap my head around this...having someone live in my house adding to wear and tear then losing money.

. - @Marcus Auerbach hit the nail on the head - always start with air sealing (typically starting in the attic) and then insulate after it is sealed.

Hello all, The Jist:Bought single family house in 2008 for $93k, rented it out til May 2016Renovated house for around $12k and sold for $145k in Nov 2016Previous tax returns say I have accum dep of $26kBefore I head out to an accountant, am I going to have a big tax hit?