The woman was ready to slash my throat when I made a few simple suggestions on things they could do to modernize it a little since the target market to buy the house is a family that is my age +/- like 5 years.So again maybe my personal bias but I can't see many of those folks paying the premium for the trendy modern rehabbed house

I would only work with a tenant who had a good track record, in a property that was difficult to fill, as opposed to having it become a vacant target for pipe thieves (been there, done that).

I targeted absentee owners as well as properties with an LLC as an owner.

http://www.biggerpockets.com/forums/32/topics/108567-advice-on-finding-off-market-mf-deals-using-targeted-mailersIt has to deal with getting Off-listings.

What is a good target ROI and a good tar get cash flow for a property?

I ask because while free and clear houses will kick off more cash flow (I assume you have a target cash flow to retire in 5 years), they will also place you in the potential position of law suits since you would have so much open equity and the cash sitting inside the walls of these assets would be yielding a ZERO % return.

It would make it a more desirable area, and since my rents are lower, I'm targeting people who probably can't afford the luxury apartment, but like to live close to it.I also have a duplex in Delaware, OH, a smaller community.

Prefer to work at least first few deals with more experienced partner/investor.Primary target areas are Detroit and Houston.

1,200 000-$1,500,000 being a sweet spot price range in select prime target market areas.

Still was perfectly willing to lose the bedroom to make a better house, though.Think of your target market.