You must remember that low life tenants can almost always get a free scumbag legal aid lawyer.

I'm ready to pull the trigger when I find the deal that makes sense.Non have so far....the numbers never come close to the 2% rule (1.25% is the closest I have come)...OVER PRICED is the theme for duplex's in DFW...the location is usually sketchy at best.

Farmers was about 20% cheaper than the next closest competitor. 

If that holds up, and I spend very little on the rehab, then this will be the closest any of my properties come to the 2% rule. 

We have setup a team of people we trust to do the groundwork of closing deals as we continue to develop our business strategy from California where we play soccer.We will be visiting Kansas City from Nov. 29- Dec. 1 to research the area along with setting up meetings with potential trustworthy broker's/wholesalers to aid us in finding properties.I look forward to hearing back from anyone interested in working with us or if anyone has any recommendations with trustworthy brokers/wholesalers they have worked with in the Kansas City area.I really appreciate your responses.Marc

That can range from a spike in input costs such as sudden rise in the price of oil or corn to a shift in sentiment that could generate new legislation that either aides or harms a company. 

Some of my closest friends are very wealthy and yet you wouldn't know it by their lifestyle.

Comping a property out is finding the closest comparable property assuming no exact match.  

The intoxicated ones will defend their opinions by just repeating themselves in a louder voice and aren't in any mood to learn since they already know the topic.Wholesaling is where many begin, it takes no money, no credit, no job and it's thought to require little knowledge, they drank the spiked Kool-Aid and started 4 hours ago.

The equity amounts vary state by state, they are saying at that level of equity you must use a foreclosure they do not bar you from having to foreclose at a lower equity amount if your buyer objects.BTW, I'm involved in a heck of a situation on an eviction mess, the tenant now has free legal aid, the plan is, I believe, suing the other tenant, the PM and the landlord, all separately.