@Jacob VillalobosThat's difficult to answer intelligently without knowing your marketing plan, skill level or strengths.

By all means if you decide to take this endeavor to the next level let us know.While James may say its not a way to go some investors do well (small to James standards $2m a yr) but large to most.

In a hot market, you get that many more people interested in your property which can drive up the price.I would say the level of staging and amount you want to spend on it depends on the price range you are in.

I haven't done the math, it sure is a bit more expensive than upgrading to the minimum, but it does take your project to the next level, bringing in a higher sale price and a quicker sale.

They'd throw it on the TPS report and wait for it to go through 5 levels of beaurocracy.

Other than that, I might also invest into other companies that I feel are promising and know the principals of the company on some kind of level.

On one level you are right, there is no point talking about it--after all I'm not actually at deal-doing stage right now.However, we are pretty close to having enough info.The listing specifies the terms of the owner financing so we have a rate.I believe it was 5% down, 8% interest amortized over 30 years with a 5 year balloon payment

Make sure that rents are at fair market levels, and check with the utility company to get the averages for utilities.

For the last 2.5 years I worked for a land development/construction company until I was recently laid off.I have an inner entrepreneur that is dying to bust out and take my experience to the next level.

Who is joining me at the Voracious level?