Sunday, June 8, 2014

Upon further review...

On one of yesterday's posts, I rated the purchase of the property in W. Texas as 50-50 probability.  I can't say if the odds have changed, but something has changed.  The more I look into this, the more I see the risks.  The risks have to be managed and that will require further study.

The main risk here is financial.  At my age, I cannot afford a screw up.  It would be hard, if not impossible to recover from a ruinous mistake.  The financials of this deal look iffy, to put it mildly.

Surviving on the land may not be the biggest problem, oddly enough.


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