I use the following method:Pull compsGet potential rent numbersGet a scope of work (costs & to-do's)Ask yourself what a realistic ARV is.Ask yourself what level of rehab it will take to reach ARV target. 

We’re going to keep some of the ccs open just to keep our credit rating at the high level it is now, but not use them (except the occasional putting a large purchase on one to get miles and then immediately paying it off).If those are the family memories that meant the most to you - that’s awesome!!!  

The main thing you want to do is an adequate level of due diligence to so you could have an Innocent Landowners defense if any environmental contamination was to show up in the future.

Would I use the high-level rule of 50% of gross income for expenses and see if mortgage will cover the rest?  

It has 3 levels of coverage.

We were discussing rehabbing our first level and decided to get a line of credit in order to pay for the rehab.

Hey BP friends, I've been watching Austin's real estate for a while now and decided to dig into it deeper in NW corner of Austin and Round Rock/Cedar Park area.

4) What level of rents do comps command and do you understand the specific level of improvement required to get those rents.Good luck!

Hi Zak,I have lot's of CA clients.Different investments require different levels of purchase price for quality.One of my clients sold a tech company that is in CA a few years back.

My only thinking is family/friends at that level maybe coworkers?.