I agree with Jon H. that this deal looks a little too skinny.

To some of you this may sound like "hocus pocus" but here's the skinny.#1 By asking them to buy their property you automatically open up a conversation about their business to which you can build more rapport#2 In the minds of your potential buyer on the other end you've "Slammed the door shut" on the traditional line of questioning because they must "Presuppose" so many things in order for you to be having the conversation...

It is completely nonsensical that these ratios are used to me given that 15% and 25% are very skinny and seem to be completely arbitrary.

They need that huge list of buyers so they can dump their skinny or non-deals on them.

Only making MAYBE 15K on a 1314K investment. 10% is skinny for me.3.

One of the biggest things I am learning from Drew Downs is that you get rich off skinny deals.

Then I suddenly remembered that I was listening to my iPod.

My recommendation is that you read "Every Landlord's Legal Guide" to get the true skinny on your state requirements.

Prove to me that an experienced electrical engineer, having 20-25 years experience can design an ipod or something similar.

I plug my iPod in, get cranking, sweat, get pumped, and feel great!