I also think though that there is a major difference between repair and replace cost for getting it rent ready for buy and hold investor and cost for a flip investor selling to a home buyer.2 totally different levels of cost, repairs, and time needed to achieve the end result.

I have purchased a few properties over the last four years but now it is really hard to find local deals that are not bid up to really high price levels by excited investors.

You would gain a lot of marketing skills to use for future projects that you will have in your investing career.

Investing/saving is an import skill to have.

I have a pressure washer that will go down to car wash level pressure.

Is there a way to get a written statement for this (any CAR forms) instead of just relying on this at a verbal level.

Originally posted by Jeff Sielicky:...Checking alarms....First you have to make sure that you have a smoke alarm installed in each bedroom, and on each level (including basement and attic if attic is used for anything).

You would have to meet the 2% rule and get lucky on the 50% guideline to meet your objective but it is do-able and without any appreciation The rub is that in order to sustain that level of growth on a compounding basis you need to re invest the income at the same rate and also you need reserves.

There are different levels of stucco finish. 

How well you do has to do with skill and a good bit of luck.