The $35K/month in expenses seems like the life of a rock-star.  

The rest never got their documents because they were told the documents would all be posted online on the company's website.It never happened.In Indianapolis, Ms Tan's company popped up in county land sales records of 2013 as the buyer of at least 18 low-priced homes in Center Township.These purchases stood out, because at least eight were sold by non-profit group New Day Residential.In May 2013, the president of New Day Residential was among five people charged in a kickback and bribery scandal involving vacant homes sold by the city-run Indy Land Bank.FRAUDOne John Hawkins pleaded guilty to wire fraud in an alleged scheme to reap kickbacks from the sale of abandoned properties last June.On Sept 2013, The Indianapolis Star reported that CTL Global Holdings had already resold some of its Indianapolis properties "at prices sharply higher than it paid for them to buyers with Asian names".For instance, records in 2013 showed two side-by-side houses bought by CTL were sold by the Land Bank to New Day for US$2,500 (S$3,390) in March.They were resold that same month to CTL for US$10,000 and in April, CTL "flipped" the houses for US$38,334 each to the current owners.Both homes remain unrenovated.How their troubles started"The first sign of trouble was six months after, when the property management company engaged by CTL started communicating directly with us, the investors," said Mr Kenneth Ng.The property management company in question is in the US.Mr Ng's troubles were echoed by many other investors and The New Paper on Sunday met with seven of them on Jan 24.A 60-year-old investor told TNPS on Friday that he bought two properties in Indianapolis and paid in full, spending about $100,000 in all."

Thus - we train our wholesalers:  They know what we want / they verify the ARV's with local realtors / they know how much rehab we want to doWe go as far - besides them getting a wholesale fee - if it's a smoking deal - we give them some of the net profit from the fix n flipin closing - even star players - need water boysHappy Hunting!!

Have not increased rates in long time. 8 years of renting, all 5 star reviews.

@David KrulacI think true investjng is finding problems and offering solutions and making money using many creative tools.Low level Investing is paying retail, 20% down, non portfolio lenders, obeying conservative bankers, having no reserves puts panic in your lives and many sleepless nights.Gordon Gecko (Wall Street) could not buy Blue Star Airlines without his 72 million in poker chips so he could break it up and sell off the pieces.Gordon Gekko: "The most valuable commodity I know of is information."

The flip side is that it's easier to be a rock star here because most of the competition is pathetic - though, to be fair, in-migration is making that less true every day as more northerners and westerners move south.

And of course I will give her a 5 star reveiw and customer referrals. 

Especially 1 star reviews. 

For example, Purchase price 80k, repairs 20k, ARV 140k, Rent $1100, and we will set the 3-year option price at $149,900.Step 3 - Find an assistant who is a rock star.  

Owning a rental property in New Jersey - 0 stars.