Needless to say a lot has happened since I closed my 16 unit a year and a half ago.

We don’t want to find ourselves as a Jack of all trades and a master of none.

i don't recommend buying a random property in a random midwest state for $118K that looks great but actually needs a new furnace, a new roof and a new sewer line, and will crush you with capex and make you sad.hope that helps. 

No guaranteed way to stop a determined, experienced thief:(Only deterrents that push them to easier jobs.The roof may be a good idea - until they figure out the just need a ladder to get up there and a rope to lower it down. 

With Amanda Frecks as a partner and a clear plan for strategic improvements, it was the perfect fit for a quick flip and profit.

Part of that reassurance comes from bringing some experience to the table and a proven track record of investing successfully.

Availability and a whatever-it-takes-whenever mindset is critical too.

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.

There is a difference between a repair cost and a total replacement cost. 

So I get this referral from a relative about a tenant who has good credit score, no criminal history, and a good paying job.