Hope to make some progress in the sound deadening; there are other things I may have preferred to do this weekend besides manuver insulation into place by cutting into a finished ceiling, but this is important.

It wasnt until I partnered with an experienced wholesaler in my area that I started to make progress.

have job and steady income.thanks for your info. i am just starting to learn this so iam interested if you guys know the legal aspects, i understand all the other things like location ,price and so on.thank you.

I haven't watched it yet, but I will soon :)Mike & Lorrie, I will keep you updated on my progress.

I just don't trust an out of area management company to watch over my properties or tenant select.I'm not knocking it out of the park with cash-flow, but slow and steady is fine for me.

Thanks for the advice The risk factor is fairly low, solid buyer, except for a year old short sale, steady income and payment history over the last 8 years, would be an OO.

If the contractor does not get paid until each segment of work is done, he will have a cash flow problem so this is a good motivator to keep them within the timelines, of course, there are some delays that are unexpected and out of everyone's control such as weather, items ordered that are backstocked, or problems that you run into as the job progresses (hidden repair items) Obviously you do not penalize the contractor for these occurances.

Keller Williams in my experience is one of the most invstor friendly brokerages around and VERY progressive in their knowledge.

You'll be making progress on your principal from the very beginning, and that's something to be happy about.If Oracle's calculations are right, your break-even on vacancy is around 50%, which is good for what you are looking at.

THAT is where money is created (and destroyed), not the mint.For some perspective on all this "doom and gloom" regarding our increasing money supply, look at this recent graph of the M-2 supply (used for forecasting inflation).As you can clearly see, the M-2 supply is growing in a nice steady linear fashion (gray area), not skyrocketing off the chart.