Better schools and what not.

Hello, we rehabbed around 12-15 properties last year and although some of the transactions were a bit complicated because we did a few double closes and what not, it should be easily figured out by a "Real Estate" Accountant whom I hired.

If theres anyone out there who could offer advice, I would appreciate it.First, I have a rental in Kauai that rents for $1400/mo. the mortgage with taxes and insurance make it a roughly break even or slightly cashflowing property depending on repairs or whatnot.

The only tricky part there is if your contract expires in 10 days and you assign the contract, 10 days may not be enough time to run the search and what not.

If you need comps, demographics or what not, LMK and I can send them your way.

Warren Buffet says "focus on the what not the when".

I am not an expert note investor.I do have friends that are and the first thing I would do is define what notes you are trying to go after and what is your hold and exit strategy for them??

I know there is more money to be made with rehabs and what not but I don't feel I'm ready to go there just yet.Any thoughts, comments, or feedback on the situation I described above?

Residential may be more work than commercial - fixing toilets and whatnot - but there will always be a tenant.When it comes to commercial, if things get slow, the first thing business owners do is shed their expenses.

Also wanted to ask for you HML guys what notes do you typically get on your houses 15 or 30?