Obviously the partner in the market of the property will have more boots on the ground influence but that doesn't necessarily mean a large cut of that property if building a portfolio is the goal.

-I am in the process of acquiring a high-quality software that allows virtual staging from real photographs of a room/property.

One major appeal is that real estate is a tangible asset that you can physically control as opposed to the the stock market where we have 0% influence on our investments.

I don't think that spell check has been removed - there are a couple of great ways to use software to make yourself appear smarter than you are.My favorite is Grammarly - it checks your spelling and capitalization/punctuation.

Great thread; I have been on BP and in learning mode the past eight months and have pulled the trigger on a 4-unit in the Cleveland region; it will be my first investment property....my decision was influenced by some on this thread.

We have a software program at work that tracks this, and I can tell you it is HIGHLY localized (as in down to the block), even within a given MSA (market).  

I'm planning to keep going from there, I have a background in software development so I feel I am strong in analysis and so far I am enjoying the experience of researching investment properties, etc.

Not be within close proximity to hazardous or noxious influences 3.

Based on the numbers you provided and running the deal through my software analyzer, the NOI comes to $14,400 (50/50 rule) and the debt service comes to $15,322.16, so you have a LOSS of $922.26 each year.

I will share with you guys my top five books that have influenced me the most. 1.