Joshua:I am glad to have the "eyecons" back ... without them I had accumulated 10s of alerts and messages before I thought to check the menu :)As for the misdirection after accepting a colleague request ...

Ultimate Goal in REI: My wife put a moratorium on property accumulation, so now I enjoy working with others to help them amass their own 'conservative' RE portfolios.

but most likely a drip line or exhaust vent run (the flex style)Thanks GeorgeIf it is the condensation accumulating and dripping, how should it be fixed?

I am an accumulator by nature so leaving so much money behind will be very difficult.

Your gross rent would be upwards of $2000 per month and your net income would be in excess of $1000 per month, perhaps somewhat more early on before maintenance catches up (initial investment assumes a good rehab.).You would have the cash to pay back the loan if you wanted to rather quickly or you could re invest in similar properties as you accumulated more capital.I am basing my expectations on the 2% 50% guide found on BP and have been exceeding these numbers at least in the short run.these properties are in C areas which I define as lower income working class areas.

Depends on circumstances, allowing trash to accumulate, tearing asunder or failure to maintain is an issue where notices to cure the default in keeping with the terms must be given and after several occuarnces the owner could have grounds to terminate.

It is normally much easier to accumulate cash flow with a class C property as opposed to class A or B.in answer to your question in your thread I've never been one that has followed strictly the 2% or 1% thought process.

By that time i should have accumulated around 15 to 20 income producing properties in the portfolio.

I'm currently invested in a couple SFRs and plan to grow that portfolio for a few more years, but I want to start doing and accumulating research to better formulate my plan for years to come.Anthony

Also, you are paying down the loan every month which means you are building wealth through equity accumulation.