Just a little sad to see a full month of rent and I'm guessing the $500 inspection cost bring down the 1st year CoC return but as you've pointed out, no point in leaving certain costs out of the formula just so the number looks artificially nicer.

I am thinking about a fairly last second trip across country to attend the Intelligent Investors Real Estate Conference 2020 in L.A. - https://www.intelligentinvesto...Since it's going to cost an arm and a leg when you include travel and hotels, I wanted to find out if anyone has been to it previously and, if so, was it worth it?

It's not specifically a MF conference, but the Intelligent Investors REC in LA January 25-26, 2020 is anticipated to be remarkably valuable this year.

\,,,,the lender is just interested in the sellers income and ability to pay.In a word ,,one guy says can & one guy says you cant and I like and respect both these guys and have spoken to them many times.Both have great reputations.Needless to say this really changes the "Paint Job" on my explanation of Lease Purchase to possible Sellers and  Tenant  Buyer Candidates I talk to every day trying to do Lease Option deals and I need to form an intelligent opinion about this issue.Any help greatly appreciatedDave Doyle

\,,,,the lender is just interested in the sellers income and ability to pay.In a word ,,one guy says can & one guy says you cant and I like and respect both these guys and have spoken to them many times.Both have great reputations.Needless to say this really changes the "Paint Job" on my explanation of Lease Purchase to possible Sellers and Tenant Buyer Candidates I talk to every day trying to do Lease Option deals and I need to form an intelligent opinion about this issue.Any help greatly appreciatedDave Doyle

Thanks Elizabeth,Sounds like you have figured out very well what you would like to do and I appreciate the suggestion to be specific about my interests.My internship allows me several months in the area, but I am ultimately looking for opportunities that would allow for an almost completely automated business in the long run, but it seems that there are many means to that end.I am currently fascinated by empty lot flipping, adding value to multifamily houses based on artificial appreciation as a means of making chunks of change to reinvest.

Hey All,Just wondering if anyone in this group of intelligent people has any advice regarding preliminary search when researching property information.  

Hey guys I know Im not going to get every poor soul I talk to ready to jump on a lease option ,,I just want to respond in the most logical intelligent manner when I get these 2 common objections,,,,Any help appreciatedDave DoyleLos Angeles

He is a very intelligent individual that owns and manages a large portfolio in the Twin Cities area.

Once in awhile I get requests from programmers trying to develop an app or some program for human intelligence, can't be done, while parts of the analysis can be accomplished much easier with technology we don't have artificial intelligence to make objective and subjective determinations.