That way I can be on-site full time to monitor/project manage the rehab. 4) Over the next few weeks, build my initial team and then launch the Point Loma rehab, with a couple of initial stage gate steps to rerun the numbers as the architect's plans and GC SOWs are developed/refined.

Key West Style home in a gated community, Bimini Bay. 1 1/2 mile from the bay.

The reality in each market will be very different - i.e. you'd never get that in SF out of the gate in cashflow (though you probably could after a couple years of appreciation) and in Dallas, TX that would be a pretty bad cap based on what is normal.Still, I don't look at anything under 10% anywhere and neither should you =)

When you think about those Steve Jobs, Gates, Zuckerberg, Dell and all that.

If you were hoping to pay these with your  "some extra" after raising the rents and paying your mortgage, I think you might find yourself in trouble right out of the gate.  

NEVER trade work for rent (I realize that cow is out the gate).

Gated Parking Lot With 8 Spaces.

If you put in a sump pump, the way you solve the power outage dilemma is to have a small gated daylight drain so that if the power is off water can escape through the gate in the foundation. 

Could you put an ad on the back of your truck or SUV tail gate area?

If the house has been on the market for over a year (with the same agent) then the sellers are inclined to look at more offers.Approach the listing agent (gate keeper) and ask him if he would represent you on an offer for this property and pitch the 130 as a starter.