I have been looking at listings in NM but have been hesitant on going forward.

I have ongoing transactions with client and some commercial development deals I am developing myself for STNL.So lot's of fun stuff going on.

If you do end up self directing and don't have the time or knowledge to underwrite hard money lending deals you can also invest in notes for a 12%+ return with little to no ongoing management needed.

Assuming all the repairs is for ongoing remodeling of vacant units???

If you think the appraisals are accurate than I think you're killing it and should keep on going as you're going.

But it's a bit of a stretch to then try to hold him to blanket-agree with the rest of your sentence: "how much you pay relative to ....the long term trends of market pricing" - which I would view as a different metric altogether, and may have little if anything to do with ongoing rent returns vs CURRENT purchase/market price.Sure, Dave will watch the look of his investment neighborhoods - but statistics are fickle! 

Mark, thanks I have read through it once and plan on going over it one more time.

Hi my name is Jesus and i want to start my carrier in real estate by obtaining my real estate licence In Phoenix Arizona..But unfortunately I ran into trouble when I was a teenager and got sent to the department of corrections, my question is to those real estate agents or people involved in real estate in Phoenix Arizona, will this felony prevent me from getting the real estate licence...

I ran into a line of credit hiccup.

Aside from expenses mentioned above at closing, multi-unit properties can have a large number of ongoing monthly costs that you would not ordinarily think about.Utilities.