We usually use a combination of Demon and Gentrol.

And the more down money you spend on the initial properties the less number of properties you can buy.The first 5 properties that I bought were essentially 100% financed not bu 100% LTV first mortgages but by a combination of high LTV first mortgages and other borrowing including relatives and credit union signature loans.Whatever your per door goal is for your NOI, net after expenses, then if a prospective purchase does not make your goal, you have the decision to buy it anyway or pass and keep looking.

The value in this deal is adding additional square footage for much less than the market values that footage, combined with improving and polishing the existing bones.

They need brown grids too tho, and all modern windows i've seen have the grids between the glass panes and can't be painted

That is the magical combination to buying right.

If a company is warranting or guaranteeing performance then I am sure the combined wisdom here on BP would think that there would need to be a full blown security offering.

Even from all of these lists combined, I barely have enough names for 3 days of mailing, given my current mail rate of 15 a day.

I think the term "junker" is a fairly relative term, and I would classify a "junker" as a property that is not as highly desired by other investors or homeowners because it is functionally obsolete, in a bad area, or some combination.

If you've got three units and the water/sewer is combined for the three, your water/sewer bills may be surprisingly high.What type of heat is it?

Combine that with my life-long interest in real estate (I just find it fascinating for some reason) and my desire to be my own boss and become "financially free"...well, the more I learn about it, the more this all just resonates.