An SFH in Cary/Apex is really only $25K or so more than an apples-to-apples home in some of these cities and with a 20% down payment that really only translates to another $5K downpayment.For anyone that wants to learn more about the Triangle, I suggest signing up to get news from WRAL TechWire.

For me this translated as follows:$105k appraised value$85k purchase price$5k closing costs70% LTV allowed (I'm in the >4 financed properties and this was on a duplex, so my max LTV is lower than yours would be).Loan amount I got was (105*.7) = $73.5k making my effective downpayment $11.5k (about 13.5% of purchase price compared with the 30% I would have put down had I not done this).

Sometimes when we're busy I take some calls and it's like riding a bike.I'm sure someday that skill will translate over to REI when I get more comfortable.

He laready had "The Blind Side" and Moneyball made into movies.Not sure "The Big Short" would translate well to the screen.His latest book "Boomerang" is supposed to be really good as well.

As kflow's discovered, $800 of rent vs. a $600 payment doesn't translate into actual income.

I am gauging my business partner's interest, and I appreciate the offer to PM or discuss over the phone; which I will do assuming my partner is on board.Ryan- translating Nashville neighborhoods to Atlanta neighborhoods is a big help.A general follow up for you two, if time permits: do either of you have a solid property manager in Nashville?

Recently in order to make heads or tails of statements I received, I translated them into something much simpler in excel rather than the AppFolio statements I receive.  

- Kiyosaki, Robert T.The Millionaire Next Door - Stanley, Thomas J.Rich Dad, Poor Dad - Kiyosaki, Robert T.And lastly two Business books which are my favorite and I think translate very easily into the Real estate world are:1.

The training translates no matter what industry you are in.

I always try to be right at comparable market rent, but also try to go with slightly nicer (but still affordable and durable) finishes than my competition to provide a little extra value, which translates into less turnover.