Had I been hip on making that small amount of money stretch as far as it can go I wouldn't have purchased just one all cash, I probably would have put percentages down on a few owner financed deals or one multi family unit.

I wouldn't dream of asking $35K for this 1987 but, after some fixing, I don't think it would be too far stretched to ask $20-$22K for it. 

Many plan documents allow this to stretch to 10 or 15 years with some going longer. 

However, the CAP rates here are low, 6-7 may even be a stretch.

We are not at the residential cliff by any stretch.  

This may be a stretch and will require legwork but targeting neighborhoods and finding homes that are the ugly homes in the area. 

Also for the most part $50k neighborhoods are not the greatest, calling them C neighborhoods is a big stretch and that is why the grading system is subjective to personal opinion. 

I think now that what is happening in my addiction to the many, many, podcasts and articles and books and videos on all things entrepreneurship, is that my competitive spirit, my work ethic, my desire to produce something, anything, of value is stretching me to the point where I can no longer remain in my current state of hum-drum. 

The space is also growing and evolving, so I expect crowd funding sites to become more robust over time as the industry grows especially as those key quality metrics become a well known standard to achieve.Title 3 starts this year which is going to be very turbulent at first, but it will really stretch the capability of the portals to manage a higher volume of investors.

I Have 6 good responses and am waiting on their Resume' and ability to finish project and will update as soon as we have someone that will be a good fit.I want to make sure who ever takes this on is not stretching themselves to thin and can get the project done... undercapitalization in this business can lead to monetary loss's very quickly...