The two zip codes you listed are decent areas that still have room for growth (especially 76227) in terms of it's surrounding counter parts - were you particularly interested in investing in these two zip codes?

The benefit of DAPT’s are that they are less expensive than there purely foreign counter parts, but the downfall is that they fail on effectiveness, cost and control.

Lesser terms and some ARM products will carry lower rates than their fixed rate 30 year counterparts.

Don't forget the area in which you're buying...If its a hot area, like the bay area, the cash would need to be close to the non-cash counterpart.

Maybe there is someone from Allentown here.Otherwise I know a good resource to get an counterpart in this area.

I know gasoline use is higher in spring and summer hence upward pressure ....I bought an option (call) on DIG a few weeks ago for $900 and tripled my $$$ in 3 weeks, offsetting the increase a little bit.

These and the Ceramic counterpart looks very nice.

He sells that unrefined oil to a refinery who refines it into gasoline for a cost plus profit that in total equals $25K.

As rents go higher than $500, the percentage needed goes down; and the counterpart to that is also true - as rents go down from that $500 number, then you need a higher percentage.So, since your rents are above $500, you should not allow yourself to be misled by trying to hit the 2% rule; stick by the 50% rule for these properties.

I think we will also have a better chance of collecting rent with these improvements as Tenants would not have an extra bill for Gas and gasoline for cars.