But there are a lot of new restaurants and bars, as well as a brand new luxury apartment complex.I am still personally a hugh fan of Pleasant Ridge because of the spill over from Hyde Park and Oakley where the rents are insane.

Although I do distinguish between condos and townhomes.... condos I am not a big fan of because of more common walls and potential problems and expenses.One thing I am curious about, you said:Townhomes can appear in a pro forma to show a lower return, but holding long term returns are much higher than a single family home. 

I'm in the Marines.I have been extremely lucky to have a wife that makes a good paycheck and has been raised to save.Huge fan of the idea of house hacking.

While I am a huge fan of 1031 exchanges and many of my clients use them, @Corby Goade has a strong point on keep the cash flowing property in Portland. 

I recently started using the website although I’ve been a fan of the podcasts for awhile now.

I am a long time lurker of the BP forums, and huge fan of the podcasts and blogs.

I monitor the Houston forum, so I have read many of your posts - The primary theme I see in your posts is that you generously offer your time and expertise to new investors and allow a group of new or wannabe investors the opportunity to walk your flips and tag along with you while you are looking for or working on a project - very generous of you - I see that you were able to give an amazing opportunity to a new investor when she may have not had the confidence to move forward on her own without your guidance - I am a fan of collaborating with other investors when you do not have the funds to complete a project on your own ... it can be a win/win opportunity that otherwise would have to be passed up ......However, when I read the details in this post, a few things come to mind - it seems that you used very little of your own money ...$5,000?

I've always been a fan of using 75% of first mo + 10% for 11 months and doing lump sum vs monthly fee for calc.

We use a fan up there and it's still not great.  

I'm a big fan of using credit as a option for reserves to augment cash on hand.... if the situation makes sense.