The reason you haven't closed on a deal this month, is because you are committed to closing a deal this month and not Committed to cold calling 10 MLS listings every day for the next month.The reason you can't get rid of that stubborn belly fat, is because you are committed to loosing belly fat and not committed to running 3 miles a day.Essentially, my epiphany is nothing short of this.Focus on the process and the results will come.

Thanks to cheap money in this recession bound market, we are able to cash flow little over $700/month.

:)PS: I will be wholesaling the properties, not fixing them myself ;)You will struggle doing anything successfully here in the US from AustraliaI tried and lost hundreds of thousands $$$ and that is why I moved hereEven to this day, I loose my A$$ on deals that are right around the corner from my office.When you have a different accent, many folks here smell blood.Be very carefulJust my opinion.Much success

you will loose your shirt. 

Cars a typically bad places to park your dollars as they almost always loose value.

My mistake was hiring a "handy-man" who took the bowl of the toilet off to remove the wall paper behind it, but left it loose and leaking if touched.

Again, I do better for me personally when I do some digging.Warzone properties are 10-20k, unless you're loose with a checkbook and from CA or another high priced market. then you can pay double or more from a questionable TK or wholesaler, but you'll still get about 500 rent.Go forth and profit.

Looks like a loosing deal.

But in general you want to stay in stable areas that won't loose value.

This deal makes no sense since you'll be loosing money every month.