I remember the podcast ( I forget which one) where the guest trained his small son to walk in the house with him, take a big sniff and say "Smell that? 

Take note that the building is ideal for a daycare center, as there is a large, fenced-in yard with a playground and the building has a number of classrooms as well as a side room for an office.

This would be the ideal situation in my mind but if my cash flow is only $250 a month to begin with I would then in theory loose all of my cash flow.

Good evening, My name is Barbara, I'm new to realistate wholesaling industry, in your opinion is it a good or bad ideal to provide the property address for a buyer to research to determine if he/she wants to accept the deal, prior to having them sign an document.

I don't remember all of the details so I won't besmirch anyone's reputation beyond what I've already said. 

Just food for thought.Secondly I get where you think you are going to see overall appreciation but remember two things: cashflow and appreciation aren't the same thing and never buy property when you're exit strategy is strictly appreciation because you can't bank on that. 

It's been 2 weeks and the kind of applications we are getting are far from ideal...bad credit scores, delinquencies, hard to figure out how much do they make (meaning self employed in some cases) are some of the issues that made me reject 4 applications so far.My property manager (who helped me buy the house) has posted the ad on all relevant websites, we have priced it at the lower end of the range at which similar homes are listed in the area, but still not happy with the applications.I would be interested to hear what folks, knowledgeable about the Austin market, think...is there more that we can do?

My question to (seasoned or fairly new) investors is, what is your criterion for what you consider an ideal investment and at what point do you decide that it isn't worth the time and effort?

Also remember Warren Buffett's observation that risk comes from not knowing what you are doing.

This is the ideal situation.2.