I probably should have mentioned the necessary reserves and the potential exit strategies, but I wanted to stick to generic acquisition costs.

Why not get together with your fellow homeowners and work as a team to rectify the situation?

I feel that sometimes in certain communities it could definitely help an agent attract buyers/sellers.I will never do it; at least not in the generic shoulders-up way that all other agents do it.

I have an appraiser on my team.

Obviously, you need to choose your team carefully.

Of course a team of trusted rehabbers/wholesalers, one solid Realtor and a title company that my investment network can refer and depend on!

Just a week or so ago a report came out that Major League Baseball would NEVER let him own a team.

Exactly how I want every person in my team to feel and act about investing.

I hope both teams play well.

Have a team Don't wait until you have a deal brewing to find the players.