And if the deal isn't lucrative enough, we have a vast nationwide wholesale network.

Would you say 5% would be sufficient?

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

The real problem is that the vast number of beginning investors never bother to learn their state landlord tenant codes before they invest.This is my pet peeve with new investors...trying to operate a business requiring knowing the law without having the desire to learn.They should never be allowed near tenants, they need a PM.On the other hand responsible investors that learn the laws first I would strongly advise self managing.

I hope to continue to learn from the vast amount of knowledge that is here, make connections and maybe someday do some deals with some of you!

Since you have no significant debts and manage your finances well, your existing financial data from tools like Fidelity’s Full View should be sufficient.

You are looking for a combination of 3 things: sufficient vacant land, residential and commercial, all in 1 property and affordable.

If there’s sufficient evidence to conclude that a deal can be made, it may be necessary to go through another round, or even two of offer - counter offer before reaching an agreeable price. 

If I was evaluating that property, a couple of things would stand out: I agree the 5" slab probably isn't sufficient given the potential for freezing and movement under the slab.

You do need to send in a check with the extension, the irs provides guidelines for calculating the amount.Real estate investing complicates taxes sufficiently that I have found I save way more than I spend by having a CPA who specializes in real estate investor tax returns.