These are just as important as taking steps to reach them.I have my goals printed out and hung on the wall in front of my desk.I've got my one year goal, broken out into what I need to do in 1 month, 3 months, 6 months, and 9 months.This is followed by my 5 year goal and then my 10 year goal.Finally, at the bottom of the page in BIG block letters: TAKE ACTION.I did this at the beginning of the year, when I realized it had been about 3 years since I did my first deal, a buy and hold short term rental.

I have an opportunity to buy a property with 2 doors, one block home and one doublewide trailer for $70,000 from the owner.

It is located 1 1/2 blocks from the University.  

I have been told the city is extremely block by block, more so than other cities.

Being the only Asian on the block doesn't bother me at all and I'm having no problem meeting the nicest people.  

Nobody has W/D.)Asking $290K for the place.Near the downtown square - the town is undergoing a revitalization currently and there is a 12-story highrise going up in the next few years just one block down the road.

Here are the facts:- 2 story MFR in Dorchester, MA (up and coming suburb of Boston) - 6 bdrm, 1 bath per unit- traditional block foundation, wood frame, New England tile siding. - Listing price on HUD $365,000- Comp a few doors down with almost identical layout (1.5 bath vs 1) sold for $399,000 last November. - approx ARV $400k- rehab costs are extreme but unsure at exact estimate due to my lack of experience but at least $40kAfter a physical inspection here's what I noticed.

I view every available rental on my block as a competitor and I make my units better.  

It's a block by block bet.  

Unless you have new construction in a changing neighborhood, leave a few walls standing.Location, location, location, you don't want the best house on the block as an investment.