What did the $60,000 worth of repairs consist of?

My professional background consists of 20 years in the mortgage lending industry.

Flips are a great way to multiply capital, even a better way of creating capital (by using all hard money).

Hustle, problem solve, be resourceful, and be consistent.  

rural smaller towns in IN you have to be careful as well  and again you want to buy where you can command 850 to 1200 rents.. buying in these markets and having rents sub 700 is just asking for trouble IE consistent cash flow Also if you want to take the time look at the recent Morris invest thread.. all the top turn key companies chim in on why 40k turn key is not sustainable or advisable.Its one thing for you to BRRR them .. buy doing that your probably into the home at least 10 to 20k less than buying it from a rehabber that did all the work for you... so you can move up in quality both in asset and tenant.

Be patient and consistent with what you decide to do.  

The daily show has helped me have a consistent presence in iTunes and via Google searches.

For example, if a triplex sells in West Oakland for 700k and is pulling in 36k per year in gross rental income (1k per unit, far below market), the gross rent multiplier is 19.5 (pretty high).

From that moment, the husband was late with his payments and knew how to "play the game", he'd consistently pay late.

My first 18 months have consisted of 6 rental properties and 1 flip, also closed on my first property the day we brought home our first child....busy day.