Both are in areas with good to excellent schools (important for future resale and getting better quality renters).

Not many communities are thrilled with allowing a home park filled with $2000 homes in their jurisdiction.Of course, if you can get it done, you may have an excellent ROI situation.

Michael,You make an excellent point.

No affiliation here, I saw this product on DIY's I Want That show last night:http://marketplace.diynetwork.com/Product.aspx?

the use case for a mobile app is when visiting a home, or property, or shopping for home improvement products, mobile makes sense.

Excel or a financial calculator is essential and actually running the numbers on a prospective property is better than a rule of thumb.Anyone who cannot cope with mathematics is not fully human.

At least it's off my "to-do" list.I just had an offer accepted on a 3-note portfolio, and I have a seller literally begging me for an offer on another note.I had a very productive dinner with the SEVP/CCO of a local bank, which I am certain will lead to something good.Finally, I had 2 family members who have done deals with me in the past approach me with some more money they "found."

For the 2nd purchase I convinced my father to let me "borrow" his excellent DTI, by obtaining the loan together.

I'm not promoting his products, but he once said: "Don't worry about asset protection until you have assets to protect."

One can be an excellent agent without the certifications, or a poor agent with a business card full of acronyms.Aside from the normal qualities desired in any professional -- good communication, reliability, diligence, initiative, responsiveness -- a good investors' agent needs to have a level of expertise that's hard to get in a classroom.