Say it's a C-store, to sell it, you'll need to be able to explain things like traffic count, environmental requirements, burried gas tanks and liners, as an existing business you'll need to interpret financial statements, understand inventory turn over, beer licenses and distributorship agreements for gas.

As far as numbers are concerned, you can count on a good direct mail piece to get you a response rate of 1-3% and that is a standard number that any good marketer will tell you.

I wouldn't count on appreciation, I'd say Temple rentals are nearly peaked price-wise unless they add on to the campus and don't add dorms/housing.

I forsee 4 properties/year max.Our lender requires 25% down so unless I use some creative financing (which I am not familiar with) I will be limited to one property for the next 2 years until the rent coming in can be counted as qualifying income by the bank so we can get another loan.

Yes, David, you will hear positive feedback... does this reply count?

You may be able save the tenancy, but don't count on it, especially if they are into addictive substances.

I don't count on any of those to make money, but they are great bonuses.

I realize I should probably apply the initial $50 deposit by nature of it being a "pet deposit", but would you deduct the rest of the extermination fee from the normal security deposit or count the $25/mo funds toward this and give them a full security deposit refund?

You can expect a mad frenzy of posts as we get closer to the winning post by those trying to win what ever Josh decides will be  the grad prize.Just be forewarned that making frivolous posts like this one will increase your post count and if not voted on, will decrease your influence on BP, but hey, since when has that been an issue really?

Your post count isn't crazy high, so that would be my guess.