This is an interesting question in that what is your level of desired commitment to the investment?

We flip and sell every two years, our income levels are not exactly great but as two mid 30s with no kids, spoiled dog and a couple monthly payments were sitting great yet. 

At the end of the day, it is truly market specific on the level of cash flow you will receive.

You are already used to this lifestyle so it's not a big deal, and that alone is going to put you on another level when you decide to make the jump in to REI.

What is the income level and the three or 4 mile radius around the facility?

You'll get a solid foundation on the basics of syndication, and will get to meet and talk with a lot of high-level syndicators from around the country.

2) Is there anyone who is part of the group that is working at a higher level than me that I can try to collaborate with.If it's a mass bunch of newbies being led by a guru, I would steer clear.For me, just contacting investors & other RE pros and asking them things like "what do you need?"

Some comments on home warranties:Not all home warranty companies provide the same level of services.

@Matt M. the 100-200 net range was based on initial #'s I had run off of mls properties with very conservative expenses at my budget level, was gauging if there is better potential/less market saturation elsewhere as I'm not as familiar with the outlying areas but as yourself, Tom and Nate have all been pointing out other locations to look into

I'm not Joe nor do I have his level of experience, but I believe he's referring to the fact that in order to get the most out of all the equity you've gained, you will need to sell and use your $150k to purchase $750K of property while maintaining good cash flow.