Through many of the posts on here, I am targeting areas like Charlotte, Dallas, Houston or Memphis.

(I believe the 2% comes from the FOMC's long-term inflation target of 2%..)

Whats the price and inventory situation in your target market(s)?

Now if you were proposing to flip these houses and your detailed numbers showed the all in costs would be 60% ARV, that we'd be out in 6-months, and you had the track record to back-it up, then I might entertain putting up all the money, but you can rest assured, I'd be looking for my pound of flesh to ensure the risk was worth it.Now, it your lender is willing to put-up 110% of the acquisition costs, let you rehab, and maintain title/control of the property, you are a lucky man and better treat this lender as well as your Mom.

:-/The landlording didn't take a ton of time, but I target vacant buildings, so prospecting, managing the rehab, and leasing everything up takes quite a bit of time..

I was actually considering targeting people who are 55 and up.

If SoCal is what you're targeting I highly recommend you check out RedFin.com, it has all MLS listings and is free(keep in mind that Redfin does not offer full MLS access so you can't do things like pull cash buyers but for what you're after Redfin should do the trick)

I think you are on target.

I you target rentals for less than $500 you are getting into the low income/trashy areas.

If you have a free and clear house, you may be a better target for lawsuits vs. someone who is overextended.