I would gander that rentals that target the more affluent have lower default/eviction rates than rentals that target the average joe.

Can you people discuss what in particular they track for the current or target market for the investment strategy they use and also importantly, where they get the data from?

Most mortgage brokers that I know target a 2% profit on a loan.

So, I would keep studying; join your local REIA (real estste investors association); meet and make friends with the successful investors in your area; and get out there and look at 100 or more houses in your target investment area (inside and out).

Target Guest Card- unsecured 200 - http://www.target.com/common/financi...y_online.jhtml4.

I did make nice with the HOA though, but I told the lawyer to pound sand.I'm not as bad as banks.

As a business owner, you are a BIG target for all the down and outers in our society who are hoping to win the lawsuit lottery.

The prior post is right on target in that you must track down deals where the buyer is ready to sell at a major discount.

If that means that you have to look at 100 or 200 houses in your target investment area, then that is what you should do.CMAs are only as good as the person preparing them AND THEIR MOTIVATION.

*Too small of a target market in my area*Not enough people facing foreclosure have 30% equity or more*People will think it's a scam (I was just on the HUD website tonight where they describe a similar arrangement as a scam)*Takes too long to flip the property*Property needs more work than I thought*I can't handle the carrying costs*I can't find anyone to rent it*I can't find financing/get lender to let me assume mortgageThose are just off the top of my head.