Gratz on the instant equity!  

Began listening to the podcast, and I'm sure like you all, was instantly hooked.

@Bob Prisco what I was wondering is if we instantly get it or have to wait the 3 years and see if they redeem.

If so, then you need cash flow so not likely going to find that buying today and getting instant cash flow.

Without ever consulting me, in one instant he had the plumber put in an 'emergency' water line in the yard, disconnected the water heater line, a bunch of other things that ended up costing my $5k to pay for services I did not want and to put back together the mess that was made. 

I have a small network and seems like we can find deals where the purchases will be in a good location, will be priced below market and will have instant equity.

The land will cost $50K and to build will cost me $225K, all houses in subdivision are going for $468K and up, so I will have instant equity.

The bills (including groceries) will all be paid instantly when my check is direct deposited, my savings will be automatically withdrawn from my paychecks so I never even see it, and what's left over is mine allocate as I see fit.

@Christopher LeetI won’t ever buy anything that doesn’t have instant equity or appreciation.

Look at everything that has sold, look at stuff on the market, start making your own comparisons, basically you want to know almost instantly if its a good deal or not (Of course the inspection will give you a better understanding) But from the outside, for the offer, you need to act quick, especially in this market for small multifamily.