My opinion is based solely on the visual appearance of the neighborhood (condition of houses, lawns, streets etc..)

A visual of the numbers break-down looks like this:Technically since we have no money left into the deal the cash-on-cash return is "Infinite."

And of course I made modifications to better suit my wishes, but I left in opportunity to cure, re-inspection criteria, and that landlord will allow for reasonable accommodations (think of visually impaired tenant being unable to see or elderly tenant being unable to perform certain actions).

Once you have created the initial set up, you can add deals and limit liability while tailoring management and ownership to the deal.Here is a graphic that visualizes some of the factors to consider as you partner, since you expose your assets with your partner to the risks involved in flips.

All numbers made up on the spot for visual display of calculations.

I charge modest $100-150 deposits on VRBO, not big enough to be a deterrent but enough to cash in if someone leaves a loft trashy or decides to smoke cigarettes in bed.

It is an oldie but goodie that helps visualize different ways to apply the same concepts. 

Obviously the stairs will be a deterrence with upper units.I believe that your maintenance could be less with a up/down (half as much roof, gutters), but that does mean more yard space.  

It’s really just kind of a deterrent. 

This may sound corny but first taking the time daily to visualize where you would like to go in life is numero uno…Understanding CONCEPTS is way better than following a particular guru.