You will get much more bang for you buck in Houston.

If you like living where you are then see if the landlord is willing to at least look at the issue before going to the extreme measures.A new oven hood is cheap at Home Depot and runs about 50 bucks with tax for the part.

You also need to know that the boards and management companies are insured for big bucks, and they will not suffer a loss.

I am losing about $300 bucks a month currently which isn't to bad (rent minus hard money loans and taxes, insurance, etc.), but still hurts.

Being new to this real estate investing world, I have been reading a ton on BP and in other places. Also joined a guru REI club but only spent $500.00 on it, had I found BP first, I likely would not have done that. ...

cap rate for area and property, Internal Rate of Return, Rent Roll, Cash on Cash. . .How do you know a buck 35 is a good deal?

Yes, I think it is always good to see what bang for the buck your time is yielding, and adjust if necessary.Here are some adjustments I have made for the newbies in my boat.1.

Depending on what it is, it could vary widely, 70 bucks a ft to 1,700 or more a ft, that would be luxury construction btw.

The big bucks are in the area of downtown Detroit and the adjoining neighborhoods.That being said, there are still some investors active in these areas, however, they are going to expect it for almost free.

What is a way to overcome this and also which lists would you recommend I hit that I can get the most bang for my buck without blowing through a bunch of money in direct mail?