Bright airy open floor plan - MODEL HOME w/upgrades galore!

If you want to work with a similar business model, but in your local market, find the hard money companies that are local to you, or at least in Texas.

I guess you could extend this model to the leasing/tenant mgmt side as well, but that gets more involved with needing agent's license, knowing housing law ins/outs, etc.

If you REALLY want to know what you can or cannot do with regards to checks - lookup Article 3 (negotiable instruments) of the Uniform Commercial Code (UCC) as implemented by your state.The UCC is a recommended model set of laws for governing commercial transactions.

All in all, in all my business schooling there is 1 model they taught that perfectly matches all the events of the last 10 years....... the hostile take over.

I will not pick one way or the other as it does not affect my business model, however, I would agree with Mark in that wages and unemplyment ratios will have a larger affect on rental prices than anything else.That said, regardless of your view, IF you are a landlord, then you should ALWAYS be adding to your portfolio and as such, making adjustments to the market by adjusting how much you pay.

I believe that I have a "model portfolio" tied to our age bracket.

It's an interesting business model.

We were looking into them and the "models" we were leaning towards were between $30k and $60k.Pocket neighborhoods are great though.

So, yes it is a long-term cash play.My business model targets distressed properties that are in need of much rehab and therefore are not able to be financed by a traditional lender.