The 1% "rule" is not a rule, it was a simple guideline that was supposed to help do a quick initial vetting of a deal.

You can get in while prices are still relatively low and watch as it grows quickly over the next few years. 

Once this spreadsheet is built out, there should be no more questions about the game plan for your rehab.

Study what has sold at a solid price and quickly.

Hey @Marc Shin, so yes on the games.

A prudent investor doesn't seek quick riches through shortcuts.

I have found enough business and made enough money not to need to expand outside of this market.Section 8 is a whole different ball game but I find the program is unique in that it's a 3-party relationship adding the variable of a government agency.

They represent you.A quick call to a local real estate attorney may be helpful.

I specifically want to call out one of their Senior Accounts Associate, Charlotte Cunningham, who helped me through the process on my first purchase as I needed to buy a sizable amount of furniture quickly and she was able to help me make moves quickly...and didn't make me feel bad whatsoever when I pulled back a few items at the last minute I was able to find them cheaper elsewhere.

Not perfect but wrapped it up quickly and had him sign a waiver for any other findings.