Our objective is to offer energy efficient, safe and healthy homes at a great value for the cost.  

My desire is to achieve a 20% IRR with a healthy conservatism built in (I’m assuming $3K of unidentified deferred maintenance, 4% of monthly gross rent as capex reserve, and 1% annual appreciation).

Also healthy HOA's don't just double fees out of the blue.  

And still, if you stick with the most basic plan - eat healthy, natural foods and exercise a few days a week - and actually stick with it for a few months, it doesn't need to be the BEST program - it will still work!

I have a healthy respect for differences of opinion, and I certainly don't agree with all of the different opinions expressed on the podcasts, but that podcast sticks out in my mind because it is the one that I think includes really bad advice.

There is definitely a healthy level of transparency and friendliness, that we may be able to have this discussion.I'll give this more thought how to approach this.  

I wish everyone a happy and healthy Holiday season.

I just want a healthy profit and to walk away quickly.

[/b]Finally, especially if your goal is to continue buying and renting properties, you must have healthy cash reserves or liquidity you can tap (home equity line of credit, investments, something).

So far i'm looking at austin, tx as a long-term investment but i'm open to investing in other areas.at 21 (dec '04) i bought a house in socal with 100% financing that should have never been approved. i was struggling financially so i decided to rent my townhouse to a stripper after only 4 months. i realized the local market (riverside county) needed a major correction so i sold the house after one year (dec '05) for a healthy 20% profit. today, the house is worth the same as when i sold it and i think it's on it's way down.anyway, i am making twice as much money today as i was then, i've learned a lot about real estate investing from books and personal experience over the years, and i think i'm ready to start my career in real estate investing!