Take the cream course, and do not wait to take the test.

However, if you’re expecting to buy the cream of the crop on every purchase, you’re going to be pretty disappointed.

The the last phase, little to no acquisition, little to no new debt, jettison under performing properties, paying off debt, keeping the cream of the crop properties and living off the fat of the land.6.

While it was all well worth it, I also don't want to give the impression that it's all peaches and cream..

My brain is kind of cottage cheese at the moment but let me give some off the cuff thoughts.

You get the cream of the crop that way and they get a sale with out having to really do much.

A reply form the "Big Cheese" himself and on a Sunday no less...

Your market is more suited for cash-only investors who can jump into a $120k property with $150k, and they aren't bothered by the $20k return because to them, it's all cream (i mean you pay maintenance, repairs, and taxes, but you know what I mean).Please don't use 50% analysis to actually look at the viability of a property.  

When leaving the old and applying over it, thats kinda like putting whipped cream on dog #$it.

Key is to buy a home in top end neighborhood not get sucked into low end inner city Ghetto type environments... this gives you the worse tenant base in the country basically and your issues will be magnified.. buy in an area were your rents are in the TOP 20% or so of the average rent and your creaming the top 20% of renter pool... if buy were the rents are in the BOTTOM 20% of price point your dealing with the least stable.. the tenant is what makes and breaks you.BAd PM of course and there are crooks in the PM business as well as some very good operators.. just need to make sure you vette them well.