One of those months you'll know what it is, but the other 2 you'll have to take some sort of an average and tack it on.

He did all the work finding this deal and negotiating the great price so I agree he is entitled to some sort of acquisition % fee.

There is obviously appreciation and things outside of cashflow but an investment has to have some sort of cashflow.

What sort of contingencies should I include in my offer to the seller if I decide to go forward?

But without a value-add strategy you're simply not going to cash flow with that sort of strategy.

I didn’t acquire my portfolio by being some sort of an investment genius, rather, I just used profits from my business to buy whenever I had an opportunity.

Everything looking too "formal" doesn't really build any sort of a personable interaction with the mail.

I have had cash tenants and Sect. 8 that display that sort of mindset and usually you can see it in the screening process.....as soon as I see it, I am able to gracefully slip out of the conversation and go a different direction.   

The sort of situation where you think you're buying in a B neighborhood but it's more like a C/D.My simple advice would be to find a property in Saint Louis County school districts that have access to areas of the city where the most jobs are located.

Blue State landlords are using the Govt to strongarm the tenants to make more money....in a backwards sort of way.