I've been inundated with emails because of a keyword I shouldn't have used, and I too spent a lot of my time trying to find out where to change it.

My current houses will be paid off in under 10 years, I have been maxing out my 401k for many years and I'll get a modest pension as well.I posted my Deal Analysis info on the deal I am considering.Anyone else in the Roanoke/SML area?

-Neighborhood has had considerable price increases in the last year and houses are generally pending in under a week.

It was listed at $99,900 for a month and then reduced to $79,900 which is when I submitted an offer.Seller is paying $1,500 towards closing.Rehab budget- $32,000 ( hoping to come in under $30,000 ).

I'll be impressed if I come in under that too!

It is my hope however to generate more profit in under 6 months than 5 rental houses in a year.

Thanks to the BP post "How to Create an Awesome Lead Generating Website in Under an Hour with No Technical Abilities". http://www.biggerpockets.com/renewsblog/2013/06/01/how-to-build-website/ I was able to build my website to establish myself and add credibility.

If your purchase, rehab, closing costs, etc. come in under that 70%, then you have no money out of pocket.

One of our biggest referrals is a couple of mortgage brokers who don't nail them with origination fees but are inundated with young kids trying to get into a home of their own as rents are higher than a mortgage pmts.I am surprised by those who I sell LTO homes to.

If they come in under that maximum budget, they get a percentage of the savings in addition to their fee.