@Jeff KobernusThat sounds a hair high for a short term policy but it’s not cheap, statistically vacant homes under renovation have way more claims than a standard home owners or landlord policy.

So I heard someone complain that their tenant (a hairdresser) was seeing her clients in the rental unit and that there had been multiple complaints about drains blocked with hair.

Splitting hairs here I know but I usually factor one month vacancy per year as 8.4% = 30.66 days.

Information about the land and building is that the building sits on 1.3 acres and the building is 11,080 sqft. three of the four businesses in there have been there forever and the fourth is a hair salon that just started.

It’s seems you are laser focused on “no money down” deals and taking it to the extreme.

As you gain experience and traction your goals and targets may shift but you need laser focus going in and you need to be dialed into ONE strategy to start! 

It’s hard not to chase the shiny objects and to stay laser focused on one investing strategy.

Thanks, Jeanne *pronounced G-knee like "I dream of Jeanie", "Genie in a bottle", "Jeanie with the light brown hair" - all things I have heard my whole life :) 

If someone said they were 100% successful, you would know they were either full of it or hadn't been in business long enough to grow hair.  

@Michael Ablan the answer is no Michael unless you're former Cirque du soleil performer, still has a 6 pack and a full head of hair.