Will Barnard - is this one of your big ticket flips?

There is a cash bar but you get one drink ticket if you pre-register.

You're not some genius thinking he's found the missing ticket in life.

It's a tough one, esp since the low ticket prices of C and D class props can be SOOOO enticing - they all look amazing on paper but often turn out to be...this.Do you have any equity built up in any of these properties?

We also have the business tenant carry a routine hvac maintenance contract with t a company of their choice (licensed) to deter some of the BIG ticket repairs for the owners we manage for. 

Not to say you have to go the route of doing your own rehab, just take into consideration the expected remaining life of the big ticket items when you are purchasing.

You should also factor in that, in addition to the loan payment, you'll need to factor in periods of vacancy, repairs, big-ticket items like a new roof or HVAC ("capital expenditures"), and the costs of a property manager. 

However, because of the impact the books had on me, I decided to focus my energy and attention on Real Estate investment, residential rental properties as my ticket to financial freedom and investment.

If you visit the property and write an offer without an inspection contingency, does this mean you're rolling the dice on the big ticket issues above?  

However, any big ticket items such as tub surround, flooring, water heater, and such must be depreciated.