The chances of a scheme like this surviving the long term without a warm and fuzzy business contract is precisely 0.00000001% ish.The mortgage part of this equation is only a small fraction of the over all picture you all need to consider.

I can take 5 or ten year warrantys on the home threw my broker to cover large repairs and just send my guys over small things and painting etc...Every day I wake up with a different approach as I want to be precise but also enjoy this.

That's precisely what it was intended for; nothing more, nothing less.If we were going to claim that it was the measure of someone's expertise, we'd have named it something like the "Expertise Index."

This is precisely why I am currently seeking equity partners who share my view and optimism about Dayton OH.

Bill Gulley Thank you, that is precisely why I plan on taking some courses.

The whole point of breaking markets into sectors is that different sectors have different relationships to one another -- some have positive correlations, some have negative correlations and some have little correlation.It sounds like you are trying to apply (or more precisely, asking if you can apply) the same principles within real estate.

Money (yours or someone else's)Having some of your own capital to work with gives you a huge head start, but you have to move with precision.

Secondly, how do you estimate repairs precisely?

what if their aren't any precise comps to match up?

Sandy Blanton,That is precisely correct.