My name is Sam Olson.

Sam beat me to it, the 50% rule already accounts for the taxes and insurance, so you have essentially charged yourself twice for taxes and insurance, thus your spread listed is actually higher making this deal a bit better.$100 per door is the minimum target on buy and hold for cash flow and you hit over that mark with this deal.

Basically I wanted to know what books and quotes had had the greatest effect on his life to this point and here was his response on 10/8/12:“Alright, Andy, here you go.BooksThe Greatest Salesman in the World by Og MandidoI've read this one twice and it deeply impacted my thinking about success and the basic principles of success; takes 10 months to read as instructedThe 21 Irrefutable Laws of Leadership by John MaxwellI've read this one at least 3 or 4 times; phenomenal leadership teacher; I've read probably a dozen of his books Rich Dad, Poor Dad by Robert KiyosakiDeeply influenced my ideas about money, investments, and business; I've read 4 or 5 of his books and highly recommend playing his Cash Flow Game to beginning investorsThe Richest Man in Babylon by George ClasonA huge influence on my ideas about money managementThe 7 Habits of Highly Effective People by Stephen CoveyPhenomenal book about success in lifeThe Four Hour Work Week by Tim FerrisThis book is insane; a book about the balance of what wealth and lifestyle really means; this is a paradigm changerThe Millionaire Mind by Thomas StanleyExcellent research based book on what a millionaire really looks like; about consumerism and money managementHow To Win Friends and Influence People by Dale CarnegieFoundational book about people skillsThe E-Myth by Michael GerberAn excellent book about business systemsSkill With People by Les GiblinA very short and very practical book about people skillsThe Traveler's Gift by Andy AndrewsA great fiction book about success principlesThink and Grow Rich by Napoleon HillFoundational book about wealth mentalityA couple of biographies that I remember off the top of my head:Sam Walton, Made in America by Sam WaltonTrump, The Art of the Deal by Donald TrumpAnd some biographies that I don't remember the title but their general stories had profound effects on my thinking: Andrew Carnegie, Martin Luther King Jr, Teddy Roosevelt, and Mohandas Gandhi.Quotes - I've referenced ones that I've come back to over and over throughout my life."

@Sam, does being unique mean they're easier to rent and keep full?

I usually have a machete hanging on my belt and put an eye patch over my left eye when I go see or show a property.When I introduce myself I say "hi I am Sam but my friends call me the governor".Zero problem.

Now that these buggers are getting paid off the income is increasing and the depreciation doesn't cut it.With my existing 6 figure salary all this rental income is just cream on the top for Uncle Sam to skim off.

In fact, Sam Zell says that because of deferred family formation, home ownership rates will decline to 55%.

Sorry for mistakes, English is not my native language.WOW,Its a honor to see someone from Croatia on the Bigger Pockets forum :)Ronald,Dobro dosao na Bigger Pockets,Ja sam zivio u Zagrebu do 16 godine I onda sam preselio u Sydney gdje mi je stari bio vlasnik gradevinarske firme.Evo sada u Americi heheSvijet je malen :)Gdje zivis u Zagrebu?

Look up Sam Zeil.

Uncle Sam will be at your closing table the following April.