However, the second year, I made just a hair under $10,000 in the first month and the passive income started building.Your local investor that you're birddogging for (and probably working for free right?)

I am combing the MLS for lots and found one in Bridgewater, NJ that is approved for 3 subdivisions asking about 340K.

I would suggest you go to your local investor meeting and look for the peeps with grey hair.  

The major systems are older and there is the very real possibility they could fail within the next two years.In essence, I'm not looking for someone to go through the house with a fine-toothed comb and search every nook and cranny.  

At this point I've been combing the county records for pre-foreclosures and putting this info into spreadsheets.

I may be splitting hairs here, just trying to understand how experienced investors think about their cash. 

Good Morning Everyone, I'm still new to Bigger Pockets and the community and have recently been combing the forums and starting to listen through many of the great pod-casts that seem to be available.

Thank you for the insight.The property tax rate here is pretty absurd (a hair over 2%), so that strategy might not work within city limits here, but there are neighboring communities with much lower tax rates I'm considering that I'll definitely take this into account for. 

I am a self-employed graphic designer and my wife is a hair stylist.

When I lose weight and get hair transplants I'll post my pic, until than I'll have Atticus Finch "represent".