As he said some people will take a thinner margin, but the ones that do that SUCESSFULLY are people with lots of experience and know their market down to a tee and know their exact cost of financing.

I've said it before on here - if I could go back in time, I would have lived in a van and ate Ramen noodles every night, saved every dime, bought my first SFH, lived in it while I fixed it up, put it up for rent, moved back into the van, repeat until the income from the houses became self-sustaining.

Scaling just for scaling sake isn't where it's at. E

Built in 2008 with minimal deferred maintenance, however needed to non renew a hoarder so new paint, floors, and stainless steel appliances ate into some profit. 

I always ate reasonably (little sugar, mostly meats, "real" food).

Not surprisingly, they offered the whole array of "the dog ate my homework" excuses for the fact that they were still there past the end of the lease term. 

He wasn't working, contributed nothing, and ate our food.

I had to fire my last agent because she ate my newspaper and  chased after the neighbors. 

Those credits actually covered all of my closing costs and ate into some of the money required for my down payment.

The conventional guideline (Fannie & Freddie) ate 75% for 1 unit properties, but for 2-4 units the cash out LTV is 70%.