@Steve Cook I'll be there!

This has been a great way to gain exposure to Real Estate, and also a good way to build my cash, (living at home with mom and dad to cut expenses as much as possible, and for moms home cooking).

I would assume the place is filled with crazed tweakers cooking meth.

They can see a complete audit trail (can not be turned off in later versions of QB) and easily conclude you were cooking the books when you were actually just fixing a mistake.

Obviously - the more handy your handyman is, the fewer cooks in the kitchen.

Easier to clean cooking grease and la cocarache eggs off of the walls.Wow!!

These are good to quickly shortlist properties and the % is more of an guidline.Imo if you are getting 2% your tenants probably cooking up meth in some random far from home area, or the deal is so small you may get a good return on dollars invested but not much in gross dollars which may not make it worth your time.Also remember these rules that have been around forever don't calculate things like defferred maintenence, capital improvements needed right away.

@Nathan Broekhuizen I think so... as long as they cook together too.

The property is in Killeen, TX in front of JP Bill Cooke.

When I owned properties in Houston, Atlanta and other places, I was always replacing roofs, siding, aging plumbing, faulty electrical systems and dealing with vegetation and termites.