This is what I do.I look at www.Neighborhoodscout.comI look for the best school districts.Then I look for houses that have little equity and offer to buy their house at full price on terms (lease purchase).The business model is lease purchase a quality home in a great location, and then assign the deal for a 3% fee.The ideal house is one that was purchased at the top of the market (2006-2009) with little equity, so selling with an agent is not that attractive.Mark Casali I wish you the best of luck!

Sooner or later, something expensive will happen, and you never want to be forced into reactive mode due to shortage of money.

For the record, there are many smaller coaches (probably many on this board) who implement this type of model.  I

If your model is flipping to buyers who utilise lenders you may find that it leads to more stringent underwriting. 

The criteria is dictated by your investment model... I

Apartment cap rates are way too low and cash flowing Condo business model I started with isn't appealing any longer.  

I'm not buying investment properties right this second for myself because I've been in business-building mode (mostly to get capital to get back to buying with) and this past year was year one and BP by far was the biggest contributor to it's success!

(Note: median is a type of average, for which the word "average" can mean, in addition to mean and mode)

Yes, I think I'm more mellow but still to the point....unless I get in a rant mode or story telling mind set...you know how us old guys get....LOLThanks again!

But ever since I got a car with a bit of kick in it I can see how easy it is for me to slip in to rude mode.