Convince myself to let go of the hard-earned cash (love to see it in the bank) and take a risk that could turn into a nice future (or not - darn it!)

Now strong appreciation being in the neighborhood of 15-20%+ (something that is rare in Texas).With the type of risk one takes with rental property, if you aren't making good money on it, why do it?

Ideally, I would like to have an LLC for each property I purchase so as not to put an property at risk due to the others.Thanks again!

In fact, one of the major treatments for a heart attack is to give blood thinners -- something you can't give to someone who is at risk for massive bleeding.

I guess I have scarcity mentality.2) Is there a formula for assessing how much risk is smart, not in terms of comfort level but balancing the numbers, such as: how much credit card debt you have and years to retirement.

The risk is way to high for cutting you out of the deal.

we countered with a bit lower price because of perceived risk - and they declined our offer completely.

Or run the risk of a HUD plant posing as a tenant.

After all, whichever I choose, it's going to be a monthly payment that I will begin to have to cover.I am getting into the real estate business knowingly exposing myself to risk.

Compensatory Balance: By allowing the developer to recover hard and soft costs, the investment fund recognizes that the developer's risk capital will eventually be withdrawn from the project.