As someone who lives in Palo Alto, your plan is nearly impossible to carry out, at least in Palo Alto, unless you do large development, such as convert an hotel to multi-plex. 

Hi John,That is an impossible question to answer and more important its a question that doesn't matter. 

Otherwise, wouldn't it be impossible to gauge which items to leave as is?

I am super stuck at finding properties, either fix and flip or ready to go cash flows (Detroit area). Everything on market is ridiculously over priced for the comps and everything I’ve seen from wholesalers is an abso...

DetailsProperty: TriplexAsking: $179,000Bid: $150,000Down: 5%Interest: 4.9%Term: 30 YearsPayment: $756Vacancy: 8.33%Expenses: 5% repair and maintenance, 5% misc, 8% Property Management, taxes, insurance, ($648/Month)Rent currently in place: 700/year, 650/Year, 350 Month to MonthCash Flow: $154/monthCommunityPop Growth: 7% since 2000Median Household income of $38,0005% down is based on current savings while keeping a good amount in reserves, I could go 10% with a partner if the forum thinks 5% is impossible. 8% management fee based on a local management company posted pricing.

Another problem we have in most of NH, are high property taxes, so, with FHA and only 3.5% down, it is almost impossible to cash-flow.

Finding a good GC who was not only outlandishly expensive, it was turning out to be impossible.

This also made it difficult to obtain a HELOC as a homeowner and others found it nearly impossible to refinance. 

So I understand in flipping its really impossible to get away with $0 out of pocket all around.

The last thing you want to do is try to be a certain way to win someone over, it’s nearly impossible to maintain that personality over time.