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.

I currently have a Seller and his Tenant (Property Owner & Gas Station Business Owner) accept my Letter of Intent and I literally only gave them $25 each ($50 total) as my option period fee to do my Due Diligence for 30 BUSINESS DAYS (which translates to about 6 Business Weeks). 

We'd pay cash because that's what Chinese do (we paid for our house here in cash) and it would be hard to get a loan since we don't make much when compared to American jobs of the same kind, nor do we want to deal with that extra paperwork of translating our work documents, etc.My sister loves a good fixer upper and is willing to help us with repairs/landlord stuff.

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.

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?

Hey all,I see a lot of investors using Buildium for investment properties, but does that translate to STRs/vacation rentals?

This was lost in translation. 

Even one avoided lawsuit translates into money saved.2.

that's 20% of the total rent, which translates to a larger increase to CoC because operating costs and Debt Service is pretty well fixed.Hope the helps.