Now the first rule of real estate investing is making money, the second rule of real estate investing is not ownership of real estate but control of real estate.start in terms of a master lease on the property with an option to buy.

When someone asks me what I bring to the table, I usually assume that there is someone other than just myself sitting there, so I tend to define what I bring to the table in terms of what I believe the other party is looking for in my business... what makes them want to do business with me over someone who is equally as capable.

RyanThink in terms of avoiding the b-c leg if C's money has seasoning issues.

So you have to size the offering in terms of the unit size and number of units to make it feasible for the people you know with money.

El Paso is now bigger than Boston in terms of population.

If your presenint a model tenant there maybe something wrong with your presentation or with the expectations you set in terms of the kind of tenants you can attract for the home.I would set the investors / owners expectations straight on who they can expect and what a good tenant is (if they are being silly - but I would look to see if your being to lax as well)....

And even though you don’t feel like you know anything – you have been in that world for 3 years – so you know something – I am sure you don’t feel like it and you may not in terms of actually doing a deal – but your not a X (insert career here – school teacher, janitor, pilot, senator) who doesn’t have anything to do with RE for a living.

I would also check the local area to find out as much as i can in terms of the average rent in the area and just calculate all your costs so you can be at least $200/month cash flow positive after all expenses including insurance, water & sewer bill, etc.

The published numbers are usually not accurate in terms of considering all the operating costs and at 92% occupancy, there is no a lot of room to improve in terms of increasing NOI.

A boost of the economy - the dot.com boom, A republican congress which force him to be moderate, the reform of the welfare system and a relative peaceful period (Except Kosovo and Bosnia which in term of American casualties and cost were relatively low.)