I guess you could also look at it this way - if one side of the coin involves paying the gov't $66k in taxes, can you afford to float a new purchase for a few months (meaning it will lose money - you are eating the monthly carry cost against no renter income) until things open back up?

I am thinking vinyl planks for flooring, ones which glue, not the floating ones.

Meaning that if you allow them to get away with it now, they will certainly look to bend your rules and create more risk exposure for you in the future. 2) By not fully disclosing current information to you, there may be something he is trying to hide under the guise of not wanting his SSN floating out there somewhere.

Ex: 12% response rate for direct mail, 50% conversion rate = 100 directmail pieces to get 6 dealsI know that's a rose colored view of what I would like to happen but you get the drift of the question, any help would be, well helpful. 

I've read about how great it was and whoever didn't go missed out.So that being said, What the story about "2013 summit" any plans, Is the Summit in the same place every year or does it float to different location each year.

He's passed away, but his audio CDs are still floating around out there.

But hey, if anyone wants to spend time floating junk around and not having anyone buy it, by all means, have at it.The qualifier that you, me and Michael Quarles all seem to agree on is the "If I'm buying right".

I have seen the concept floated around about a local investor's coaching program but I don't have any money to spend aside from splitting the profits of a deal 50/50 nor do I know where to identify such a program.

The notion that you are floating both tells us that you not only don't know the market, but also don't know yourself.

Detailed renovation costs and rental numbers posted below: Item Cost Demo (includes removing kitchen wall & installing support beam) $1,500 Exterior paint & siding repair/replacement as needed $4,500 Roof repair $350 Foundation repair/basement waterproofing $6,200 Renovate existing bath (new tub & fixtures) $975 Build new staircase to access attic $3,600 Finish attic space (reinforce joists; install subfloor; insulate; install windows; framing; electric; drywall; add bathroom) $19,500 HVAC $2,000 Tile tub surrounds in both baths* $600 Electric (new fixtures/outlets/switches)* $400 Interior paint* $800 Flooring* $1,900 Misc carpentry (trim work, shiplap, floating shelves, etc.)* $575 Misc (landscaping, kitchen faucet, door & cabinet hardware, drywall repair, smoke detectors, etc.)* $600 Utility costs during rehab $200 Closing Costs $2,000 TOTAL $45,700 *DIY jobs; cost listed is for materials only We have almost a dozen showings lined up this week after just a few days on the market, and hope to have a tenant selected over the weekend.