Sold it for $38K after renting for a year and a half.From my understanfing, 1% is the bare minimum unless you're in So Cal or NY betting on appreciation. 

While I am sure it wasn't very funny to you at the time, I'd bet that a story about the yard of your rental being dug up in order to facilitate a mud wrestling showdown has to be a crowd favorite at parties.I am curious, though; did you make any attempt to recover the damages done to your property? 

I can't speak for everyone here but I would bet a months rent that most of us investors have read numerous books on multiple investing strategies for real estate.

@Robert Shaw I think I would have a bit more than the $135K, I think $175K is a safe bet, but I'm not trying to do a full service restaurant.

You will need columns at the ends of the new beam and those will need something firm to stand on. 

If you're doing your first mailing, your best bet is *not* to buy a list unless you are *not* in a competitive area, got cash to burn, and just wanna get started as quickly as possible.

A private lender would be your best bet.

I performed my analysis as follows.The 1st column is what was sent as proforma, the 2nd is adjusted based on what I believe to be actuals after visiting (2 units vacant) and an expense added for the mowing and plowing.

As mentioned above I have a feeling if you hold on long enough you could see some real increased value in  Lincoln Village, or safer bets to be made in Cudahay/ St Francis.  

I could sell every other property and spend every other dollar, but I'd bet that one would be a few million by the time I'm 6 feet under.