It's basically the hotel business with three turns a year.I can self-manage my A class SFR's in under 10hrs/year including everything and the equity is growing faster, not because of appreciation, but less wear-and-tear and tenants improving the property (e.g. landscaping).Obviously C class midwest props fall somewhere in between, but from a hold perspective, I just don't see too many management companies capable of creating equity through proactive management of the physical aspects of the property, particularly in these fringe markets.

The Goal is to come in UNDER your budget, and by doubling it, you vastly increase the chances of coming in under budget. 

Apparently, I snuck in under the wire closing my loan in July.

But let's say a seller says, "oh that, it's really nothing, been that way for a couple years, my Realtor put that in because, technically some moisture comes in under the roof and has caused a stain on the bottom of the roof decking.

Collection efforts may be taken in the collection of any rent proceeds.Stepping in under the radar, renting and collecting rents that may be attached is taking funds available to pay the lien or the equities in title.Equity stripping may not be coved by statute as to liens.

Here's a tutorial for making a website through Wix from @Brandon Turner How to Create an Awesome Lead Generating Website in Under an Hour with No Technical Abilities

We listed it for 89,900 and had a full offer the next day, I learned a lesson in under valuing with this property as well.

Thank you Elizabeth Colegrove I plan to inundate myself with information and try to avoid analysis paralysis at the same time!

Thanks guys  From a tax stand point if you dont need the cash immediately you can take it sub2, lease it up for 1 year, sell, 1031, and roll all net proceeds into an investment that conforms to your goals whether its an appreciation play, a cash flow play or hybrid (CF & Equity).If you sell in under one year yes you might net around 165k before tax.

In under 7 years Ive acquired 21 rentals, over 70 storage units, and 2 commercial bldgs.