Our economic or social model will have to change.  

Also when it came time to pick the finish products (tile/stone/fixtures/etc) I would request getting the manufacturer, the model #, sku#, picture if possible...everything.

Showing a level of expertise to do something hard or exciting certainly piques the interest of a guy with money and no RE experience.We lived in Houston and self managed properties in Oregon and Maine that we snuck away to in the summer.

Looking into other markets now, I can find returns in the 400-500/month using a similar fee model which leads to me to believe that while you can still find deals in Palm Bay, it is very tough to do so.   

Max I am not sure if that business model makes as much sense anymore as it used to.

In one of our companies, we have a board comprised of people with different expertise.

It is very common here for investors to model a buy out of anywhere from $50-$500k.

There are so many ways to approach this model, from buying existing, to retrofitting homes, to building new.

Good morning Marelyn, can you please make an introduction to Jon McGraw i can share contract model, builder updates, and all materials i have with him so he can become aware of all details.

You need to use IRR modeling since cash flows are not evenly distributed.