Agreed with the other comments by John and Michael.

This article is presented by ATM Investors.

Thanks for your comments. 

The time between when the corrections are presented and the turn time for the designer is really a drag (keep on them).5.

Present day: I have money saved up in Canada and have been reading books, found BP and listening to podcasts, reading forums.

@Sidra Amir I have a needy tenant that comments on EVERYTHING we do at the property from small maintenance issues to having large pieces of equipment onsite for projects.

Others who focus on CoC (I focus on IRR and EMx) will probably comment as well, but most "good" CoC returns are in the 6%-10% range.Out of curiosity, did you buy the property for $75k and is the ARV $130k? 

This has become increasingly problematic  with rising material costs and more burdensome building codes now present in most municipalities. 

You sort of noted in your opening comment: a track record IN REAL ESTATE, should be measured in decades, not years.  

Thanks for the wake-up call, I needed to be humbled in hearing your comments about housing vouchers.