this is what I found on HVAC ducts in this 1940-50 brick row townhouse. do u think it might be asbestos ?

You don't need to have a massive 50% drop in values for that to repeat itself.  

@Nancy Wang HUD occupancy rules are 2 persons per bedroom +1, so essentially you could have 11 people in your home.

If I have enough money in my IRA to buy one property with, say 50% leverage and then I am making a 10% ROI.

Example:  Purchase price = $250,00020% Down = $50,000Rehab = $50,000Cash required = $100,000 plus closing costs Mortgage =$200,000 (4.5% APR / 30 years)P & I = $1,013Rental Income = $2,500Expenses (50% rule) = $1,250NOI = $2,500 - $1,250 = $1,250Cash Flow = $1,250 - $1,013 = $237 per monthDo not forget the HELOC paymentIf you do the BRRRR strategy the difference will be in your mortgage payment.  

How accurate is that 70% rule.

They are similar and I understand the rules better in each state as well.

I am currently in the process of getting a HELOC for 50% of the value which seems to be the max amount Texas laws allow for a single cash out loan (or so Ive been told!) 

Lindsey , my number one rule for REI " cash flow is king" .

Hello all,I'm looking at purchasing  property (Duplex) which is on a 4,000 sq foot lot and zoned T6-8According to Miami21 the minimum lot size for any sort of zoning always requires  lot size being 5000 sq foot minimu...