My plan (abbreviated) is to find plain but nice homes in decent areas, (not "high end" areas, just decent, where the shrubs are trimmed, older established people live, etc.) single story to appeal to older folks, close to shopping, etc. -- neighborhoods vs. busy main roads -- buy so that I can charge approx. 1% of purchase price for rent (ex. 80K house, 800-850 rent) tenant pays everything (heat, elect, etc.) - I own a lawn care and snow removal company, so I can offer my services there.Nice little ranches and capes around here, with vinyl siding, fairly recent furnaces and roofs are anywhere from 89-110k.

Hi All,So here is the full story, abbreviated version:- Tenant A brought girlfriend over to the house, Tenant B brought friend over to the house- Girlfriend and friend get into physical altercation, both asked to leave for a month to cool off- Tenant A broke agreement, girlfriend still coming over.  

My takeaway's:1) I can and SHOULD be doing this2) There is always more to learn3) I should tighten up some of my systems to protect myself just a bit more4) Every deal will teach me something and make me a better investorSo that's the very abbreviated version of my first flip!

So I sent the PM and his acctnt (how do you abbreviate 'accountant'?)

Choose a Name for Your LLCIn New York, your LLC's name must contain the words "Limited Liability Company" or the abbreviations "LLC," or "L.L.C."

There is so much I would like to say regarding this topic, but I’ll abbreviate.

There are reserves for repairs, reserve for vacancy, reserves for "CapEx" (abbreviation for capital expenditures), reserve for anything that comes up in the future.Let's say I estimate that $65 every month goes to the water bill and only $50 is the actual.

@Brian Noel Too many abbreviations in this business!

You will typically see it abbreviated as a DP-1 or DP-3 policy.

Locals abbreviate 303 as just 3 and 720 as just 7.