And thus, I think it's just a tool for when you negotiate and the ad can be pretty similar to any ad to people in foreclosure or what not.

I feel like I can chalk up their overspending and whatnot (is it mostly Tarek or Christina that does that?)

Say it rents for $1100/mo but we round down to $200 cashflow due to vancancy and what not. $200/house * 15houses * 12 months = $36000/yr income * 15 years = $540,000 with each house having a balance of $27k.

I am going to put together a document or powerpoint showing exactly what I am looking for and what not to send me.

Don't waste money and time with top coats, patches and what not.  

I have taken classes like fortune builders 3 day class and what not.

I would find out what I could really get for the house likely after tenant moves out and paid the realtor and closing and what nots addressed to prep for sale and importantly similar to the last comment what taxes I may or may not have.

Factoring in wear and tear, inflation and whatnot I'm not so sure that this pressure on the rate really is a result of new construction.

Not sure if it's called 203k or what not...I haven't been able to use that option since every deal I tried I lost the bid.

Sorry this reply took so long but ran into some problems verifying my email and what not.