I am expecting to break even on this deal, however will be cash flow positive by 2016 due to the rehab work/property enhancements that I have in mind.I’ll be targeting deal #2 in the October, 2015 time frame.

But hey I failed forward into the arms of BP to enhance that experience and create new ones.

BP enhances the real estate investing experience my making information and data available, and Josh gets paid.

At 56 this is hopefully the opportunity to really enhance my life.

Enhance your reputation.  

@Dustin Thornberry Welcome to the site,  Bigger pockets.Great place to start or enhance your real estate investing. 

In these units we are seeing energy use improvements of 40 - 75%, but a large portion of that would be due to the envelope enhancements.   

They will make improvements and repairs, to a point, to enhance the value which may then be going to the past owner.

A person buying a house in that price range is only concerned about monthly payment so get them as high as the person can reasonably afford so that the amortization time is lessened thus enhancing the resale price for you note.  

While you are doing this you can learn your market, further educate yourself and enhance your plan of action.