The two years consisted of negotiations with the land-owners, site tests, city planner meetings, city commission meetings, etc.

As an investor, the goal is to generate consistent residual income.

He said that by following his underwriting criteria I’d never experience a late payment let alone a foreclosure; that by using his one of a kind mortgage contract I’d eliminate all borrower rights in EVERY state and be able to take the property back without foreclosure; and that any tenants could be considered trespassers and can be shot on sight.  

depends on the quality of the assets and the reliability of consistent rental income.this is an age old argument and really a personal choice at the end of the day.

I’m giving it a shot to feel a whole year at least.

I did't ask for reimbursement on this one, but consider the example consistent with the general quality of the $3,000.00 spent on leads so far this month on on ISpeedtoleads.com.  

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

@Andrew Steffens, fair enough, but with a lower entry point, higher appreciation rates than most small cities (it has 100,000+ residents, which is not little), great MTR-LTR metrics, and nearby well-performing regional attractions, it has a lot of data pointing to it having a shot at success. 

.- Inventory Growth: This one’s big—inventory shot up by 44.6 percent to 1,469 units.

Some properties will require different rehabbing than others, but we will stick as closely as possible to the system we have in place for ALL properties.TEAMS AND SYSTEMS In time, our team will grow to consist of the following: Agent/Broker CPA Lawyer Escrow Officer/Title Rep Insurance Agent Property Manager Handyman Private Lenders/Equity Partners ContractorsWe will follow the same rehab plan for all properties, as closely as we can, in order to streamline all decisions and maintain the desired budgets for each property.EXIT STRATEGIES AND BACKUP PLANS Our foremost exit strategy will be to sell the property once it has been rehabbed.