As an example, if I know I need to replace a roof in 2-3 years, I will make sure my starting reserve for that property is a lot higher.

Part of the REI mentality is that you can create your business - your business being rental property management, which is contingent on stable, good tenants.For example, say you purchase a property with a bad tenant.

Example:  $70,000 loan ($375.78 P&I) = $134.22 mo CF.C. 

Does anyone have a good example of a letter that they use to do direct mailings?

@Kusum Chanrai One way to speculate on heavy upside is turning to areas which are soon to be better served by public transportation, for example Chinatown which will soon see the extension of the Muni Metro T Third line through the financial district.

Lets say for example the county requires a property address with at least 3 characters and will provide 100 results per search.

For example, I live in NJ and would like to purchase my first rental property in South Carolina.

For example, taxes were owed, improper documentation, etc.

Investors who follow a similar path to this example, what's missing in this picture?

Long story short, it was charged by SEC that there was irregularities and they used borrowed fresh investment funds to pay for monthly dividends.