Nothing pressing, go with cash flow for now and build equity!

In my opinion, the monthly market condition press release that HAR does is very generalize and often more optimistic than what some local neighborhoods are experiencing so don't put too much weight in those press release.

We have a enough equity built in to provide a down payment on the Tudor home with enough cushion left over to carry the expenses of these properties for up to a year.I'm waiting to see these pieces come together before moving on anything outside of the two properties were already in the process of closing on.I appreciate both of you pressing the issue of risk management.

There is more I can go into on this, I am just pressed for time tonight and I stumbled across this thread.  

But I told the officers would you rather do something now or wait til violence is committed  they said all comes down to the tenant having to press charges if she was abused before which she won't but then complains for me to do something when she chooses to let him around.so I talked to the police supervisor and he didn't have an exact answer as far as if I could ban him from the property like complex do.

So far, I have been lucky to have tenants that were willing to let me do so.The only time I pressed the issue was when a tenant wanted to break the lease, and I made it a condition of letting them out of their current lease.

Also http://www.nydailynews.com/new-york/bronx/bronx-hi...http://ny.curbed.com/tags/south-bronxhttps://www.halstead.com/about-us/recent-press/art...http://www.nytimes.com/2011/09/04/realestate/poten...http://forgotten-ny.com/2013/11/mott-havenThey all make the area sound exciting but the landscape seems different than other places that gentrified.

There's little plastic doors that have to be pressed in by the plug at the exact same time, and pressed very hard.  

However, as I prepare to press forward I need to insure I start building for the near future just incase banks don't like the growth rate, plus today interest rates will go up one day..For example; we just wrapped up a deal for 20 of 50 units we could get, the 20 will net us 35k equity per unit and over 220k in gross rents a year being the medium price market provider for the area.

Doing internet searches and having many resources of other wholesale investors like myself is not beneficial because once I find it and it is being marketed, this means that it is already being stepped on and another wholesaler like myself already has it marketed with their fee already attached.Can anyone give me advice on finding good deals that deal directly with home owners fresh off the press.