We have made numerous offers following conservative guidelines (BP calculators, 1%, 70% rules, etc) and have not had our offers taken seriously.

these homes are traded more like commercial properties.. once they become rentals they pretty much stay that way the rest of their lives... so the resale value is totally related to the gross rents.. as each investor gets taught the 2% rule or 1% rule etc etc..

At that time, I wanted to be a lawyer, and I felt that I didn't want to work long years and work for someone who would take the easy way out from my back.

Solo 401k plans are no different then full-time employer plans in that they are both sponsored by a business; however, the IRS created solo 401k plans to even the playing between big company employer plans  by relaxing the rules for self-employed businesses to be able to qualify for solo 401k plans (see IRS Pub. 560 which list the requirements to qualify for a self-employed 401k).

The "easy" money will help build some loyalty and cooperation.  

My thinking was that the area around the CSU should be easy to rent.

The latter has been one I've worked on for a lifetime - it's been a hard one for me...for some, it's the easy part but it wasn't for me.Using the above formulas, my projects are easier and more profitable than ever.

Also can someone please explain the refinancing part in very easy to understand terms, I'm having a hard time grasping that concept of getting the money back to reinvest? 

I started doing some home flipping from 2001 - 2009, then got into buy and hold.I am at a cross roads, so I recently sold some properties, in an effort to have a portfolio of quality over quantity.Not exactly sure what my next move will be, the big challenge for me has been learning about tenant issues, and dealing with some unexpected repairs, both my wife and I took a course and are IPOANS CAM Certified (Certified Property managers).We only manage our own properties, plus have a couple of hired property managers to help with some out of town units, however, I have been studying tenancy rules, laws, and have become addicted to answering property management questions.What attracted me to join this site, is all the different types of real estate investment people are involved in.I look forward to participating in the forum.Michael P Currie

It's just too easy to press the Delete key.