We completed the work 2 weeks before our baby was born so we took a 4 week hiatus to rest and have the baby.Then I dove into the design, planning, and permitting for the basement.I visited the local Permit office in Alexandria and basically said, "Hi, I'm a new homeowner and I'm an idiot when it comes to permitting.

Quote from @Luis Pereiro: Quote from @Jay Hinrichs: what position that's an important factor.. bare land notes generally sell for a 20 to 30% yield. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Knowing the Fort Collins market and it's price points a little bit, it doesn't sound like you're capitalized quite enough to get started flipping, especially when factoring in risk (properties in the $300-400k range will be high risk, not good locations).

Another thing about most suburbs is that the property taxes can be brutal which needs to be factored in to your analysis.The biggest thing is where ever you buy, you need to feel comfortable living in AND upon move out, the property needs to cash flow. 

@Ryan Leake thanks for sharing helpful tips.Steps 4 and 5 for "boosting ratings" is why I've designed an auto-mated post-stay review intercept survey.

It depends on a variety of factors. 

Considering all the factors in today's real estate market, how would you guys recommend investing this money? 

. - What driving factors should I take into account when l'm looking for an up n' coming hot markets?

Hello All,I have been investing for the last 4 years in real estate and am on the way to purchasing my 3rd property (a flip :)I am having a hard time knowing how I should organize my incomes, expenses, taxes, ect for easy bookeeping, to help keep everything separate legally, & to produce income on the money sitting in the accounts.I can only explain my ideal thoughts in a graphic design so i will include that here:Does this make sense in order to maximize profits & keep things organized?