Pure vacation rentals where you would find an area like Ludington, Traverse City or remote location with nature or vacationing items to do.

Work on paying off the mortgage in full before moving on to buying pure investment property.

this is a pure investment opportunity.  

He really saved me from a terrible situation with two of my properties and turned it around into pure profitability!

And you'll never be able to sue for "what the rental property would generate" in my purely-non-legal opinion.  

The cost of a MLS property is too expensive from a pure marketing dollar standpoint...

If you are looking for some basic web-based pure contact managers that allow rudimentary sales process tracking and reporting, I recommend a product named pipeline deals.

When someone doesn't understand Chemistry or Physics or Geometry, we can blame the school system.But, when someone chooses not to master the ability to read, write and speak their native language, that's pure laziness on the part of that person.

(I have to admit I do...its pure profit!)

Yes I can tell you the 50% rule rarely happens with properties.There are many,many buyers who do underestimate repairs and as long as they are solvent and look good banks will loan to them based on a high sales price.I would consider going higher than the 50% if the property had been recently renovated inside and out in a decent area and my hold time was only for a few years.The quads I bought at the height of the market went for 400,000 a piece back in 2008,2009.I didn't pay anywhere close to that but as the market comes back competition and CAP rate compression will hit driving sales prices up,up,up.Seasoned investors might not buy at those prices but plenty of other buyers will.I see people with 401k's retiring with 250,000.They plow it into buying a restaurant that when they work it full time might make the 40k a year.Little do they know how hard they will have to work and how small the returns will be.There is no way to hit the numbers you are hitting in the areas I would buy in.I have other exit strategies besides a long term hold and purely cash flow so motivation is different.