If the gross monthly income is greater or equal to the one percent price, he knows to further analyze the deal.I was browsing through loopnet trying it out, and its been mostly duds.

I've been browsing and I can't seem to find an answer to this question: should an LLC be formed in the state of the property or in the state in which I live?

I've done a lot of research on Lonnie Deals and have read many blogs from experienced investors in this niche and I'm interested in using this technique to propel myself out of the 'rat race' and into financial freedom.I started browsing CL and found an MH(2/1) for sale, asking 8k.

I'll be sure to set some keywords as soon as I get a feel for the community and browse the forums a bit.

The interface is simple and clean. 

@Nick Coonis Thanks, I browsed around and it seems TBH seems to have good reputation for the rural area I am in.

I started browsing turnkey companies in the midwest and like the numbers I see, but is it fools gold? 

They're just people that browse Loopnet and ask about everything they see.  

. $240 on Amazon, but you only have to buy it once.We've tried the Nest in two of our properties - the proprietary nature of their interface made them difficult to integrate with our management & monitoring system.That said, there are other thermostats which provide a minimum and maximum temperature (regardless of what the occupant chooses) at a fraction of the price (Honeywell, Braeburn and {I think} Sinopé provide models with this feature).   

Google "equity waterfall" or browse www.adventuresincre.com if you'd like to learn more about how the math works.