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.

However, 67213 is a very low income zip code (review city-data.com), with almost half the residents living below the poverty level.

My investing knowledge is at a beginner level.

If the banks maintained their current level of inventory control, there’s no telling how long they could prop prices up.Jeff

I worked on a similar level to this at Hines for many years, have strong ties there and would like to open a dialogue there and with others regarding this.

There is alot to cover and I'm sure it will end up in a mess for both of you as it's clear you have not been doing this long enough to gain the skills and knowledge to pull it off.....so my suggestion is to pull that option and get things set up first.

I would guess getting 20% appreciation in the next 6-8 years would be the top end of possible expectations, unless there's something you know that's going to happen in your area to drive that level of gains.