I would have saved a tremendous amount of time asking my investors to agree to next steps on the 1st call. 

There are an handful of counties and individual  sub mark that make up Jacksonville and with that being said… price points, rents, returns, appreciation will differ tremendously from location to location. 

You have a long term focus and at the end of the day, that is a tremendous advantage. 

Yes, Trenton can be a frightening place to walk alone at night, but indubitably there is tremendous opportunity in and around the great city of Trenton, NJ.

BP has a tremendous amount of information to help you, but it is only available if you seek it out.

Some very good posts in this thread...Like I said before, I think the 50% Rule is great when used as a screening tool (it's tremendously simple to use), and in fact, is probably more conservative than most investors will actually see.

Josh...I know I am late to the game here... but this is a great idea.However, as with all great ideas, they take tremendous time and energey to pull off in excellence.

Meantime I do about 10 home rehabs a year that require tremendous time to organize crews and deal with the day to day tasks pay bills and e t c.

Its a great read and has helped tremendously with my accounting.

I do see TREMENDOUS POTENTIAL upside in your purchase if the market rebounds the way it should and wish you the best of luck!!