Depending on the initial investment costs, a project may have a low IRR but a high NPV, meaning that while the pace at which the company sees returns on that project may be slow, the project may also be adding a great deal of overall value to the company.A similar issue arises when using IRR to compare projects of different lengths.

If you're going to be adding rooms and extensively remodeling - you probably do need a license.  

Do you want to be added to the picture above?

They are rented for 750 so I thought I had a little room to move up if needed.Legal and bank fees missed by me and should be added to expenses.JoelThe building is 60 years old and the section 8 tenants have been there 2 years and the 3rd tenant just under a year.

We're always working to kill bugs in new versions, so as we make releases, we should have some fixes in.As I mentioned, we'll be adding new features in the near future....

They would be operating their well established Heating and Air business out of the dwelling I have available and would be adding gravel to the parking level and fixing up the inside slightly on their dime in this deal. 

So as far as your strategy, I'd spend more time on finding a really good deal and that's the best way to get started in my opinion.That being said, I'm looking to do my first deal as well within the next few months as well, so I'd be glad to be added to your list and if something you find fits what I'm looking for, maybe I'll be your first buyer :) Hope this helps and good luck!

Or inexpensive upgrades can be added to make the units stand out in the rental market.

Their interactive map search will allow for a defined region to be added with a selection down to an individual street if necessary.

I'd like to be added to your buyers list as I will be pursuing investment opportunities in the near future in OKC.