I like to explain it that i have a set amount of money to invest .. i prefer to evalutate all my option based on NET ROI   or some people refer to it as cash on cash return... my options on WHAT to to do with my money range from putting it in a savings account for less then 1%, stock market 6-8% (historically),  i could loan it to someone who will pay me a set interest rate... or i could invest into a rental property... so figure out what opportunities you have out there... what ROI would you have in those opportunities  and is this your best option?  

I'll see if I have any actual data I can share.

I'm currently learning residential wiring from the best electrician in High Point (my grandfather, so I'm biased).We're working on getting a small complex or converted historic house close to the downtown area to upgrade, restore, and manage part time.Looking forward to meeting you all.

Also subscribe to magazines like Forbes, Fortune, Inc, etc in your companys name so your companies data can be cross indexed in their mailing databases.

They are only going to provide you with data.

Own a commercial multi-tenant building in one of the smaller towns (all within 100 miles of Atlanta) which is evolving into a tourist destination and just bought an old historic hotel building there along with 3 other partners who are also somewhat experienced investors - we plan to renovate the hotel which also contains a historic restaurant, bar and retail space from a flophouse apartment building into something cool :wink: .

They look at the data I present and analyze the market.They do not blindly trust my recommendations.

I don't think you need to buy at 70% of a discounted value, rather, I would recommend that you buy at a wholesale value, 50-60%, in an area of town that you know, through some help with a realtor and MLS data, that the rents and values have not dropped as much as in other parts of town.With gas at $4 a gallon, it does not take a rocket scientist to figure that if there are more jobs downtown, people will want to live closer to downtown.

I'm not sure how old the data on this site are, but the link below shows Wachovia as being the 3rd largest in the USA:http://nyjobsource.com/banks.html

I have zero confidence in my ability to correctly input the data.