They aren't powerhouse machines but they meet my expectations consistently.

(Condos are notoriously difficult to consistently make money from as pure investments - largely because of the high service costs, and values being highly affected by the roller coaster economy).

If you're consistent, you will definitely get a deal. 

The property consists of 5 duplexes.My credit is fine and I have 20% to put down on the property. 

Our weekly sales meetings in Memphis, TN consist of several different sections each week.This Week:  Sales, Listings, Marketing,  Open Discussion, and Book ReviewEvery agent begins discussing the new deals on their plate. 

They do not show strong income because they in fact do not have strong income I suspect, which is not a bi-product of owning a small business per se, it is a bi-product of not having consistent and ample income.  

Take massive and consistent action and you'll do fine.  

Which means, the investor either have to fork out 150k as down payment (42%) or ignore the 50% rule completely as it is not feasible in this market. one can run numbers like this at many rent levels and consistently it just won't work for this area.Am I missing something?

Couple weeks ago I sent out a list consist of 250 people and I had received 30+ calls back.

They will buy a fixer at a slight discount that is not enough of a spread for a flipper to consistently make money. 616 Q street in Lincoln is interesting.