It is always so refreshing to come back to BP when others think you are a little nutty for giving up a regular paycheck.

Property is on Gold Coast of Chicago, rented below market and still cash flowing a couple hundred a month.The plan for the money is to refresh the Condo and raise the rent (still below or on low end of market) to more than cover the additional amount of the payment.Balance of the cash is going to be used to buy & renovate another property which will net $400/month cash/month after renovation.Credit scores are over 700, only debt is home mortgage.

I find the Old school wisdom and straight talk approach he dishes out much to my liking and a refreshing variation on the hucksters appearing every few years always trying to sell you the latest snake oil.

Week #1So as a refresher, I closed Thursday, July 3, 2014.

I tend to write down the ideas or instructions I find important all in one place, helps me remember it, and I just reference my notebook when I need a refresher.

It's refreshing and terrifying

Hey mate,Glad to see your pumping those numbers.Remember to post in CL daily and start refreshing the old adds after 10 days.Here is a blog that I wrote about an ugly house I sold a while back.http://www.biggerpockets.com/renewsblog/2014/08/09/unload-super-ugly-house/Pump the numbers mate :)

As Bill mentions you seem to have a foundation to work with and it is refreshing to see your push back based on your own assessment of default risk.Bill's analogy is a good one relating NPN's to a wrecked car.  

when i'm refreshing my knowledge of an area, i like to get my realtor to send me the comps, and i look at that while i drive around and put a face on the area.

It sounds like your ready to work hard and Its refreshing to see.