I want to mainly concentrate on flipping houses under 100K to start out with and eventually get into more high end houses and rental properties as well.

I do not believe there are any Lonnie Dealers operating in there, but if there are, it will be difficult for them if I do buy the community, because the marketing plan does not call for any homes in the community that are not brand new and resident owned.I would suggest concentrating on the communities that really need your help.

Considerations must be given to population concentrations, traffic, utility services, fire protection, taxation, etc.Social trends are important to understand.

I'd probably spent another 5 hrs a week leasing up the new acquisitions.We decided to hire someone full-time after we broke 60 units, so we can can concentrate on acquisitions and flips.

If you're on the private side it will be your financing techniques, your N/P can influence lending decisions.As a private operator you can skip much of the collaborative efforts and concentrate on the relationship with your corporate client.

Also, depending on the size of the bank, ask if they are having any concentration issues with any asset classes or if there is any particular type of business they looking for.

It could very well be a good speculative property, OTH the city may have some limits as to future building based on population concentration of that area, without widening roadway for higher traffic counts for example.

Now I can concentrate on where they don't bid that has good underlying properties and I can get 15% to 18% rates.I also see some very interesting strategies from some of the tax lien certificate funds and managers.

I don't like the practice personally, but it does exist.Can't remember if I mentioned this before in this thread, however, if you concentrate on older assets (say 90 or 120 day DOM listings), you can find some extra motivated sellers where bid wars are vacant.

Having a concentration of units in one complex that I don't have total control of just doesn't make a sound business plan IMO.