Other new technology has also opened some opportunities....drilling deeper and sideways...3D seismic maps and all other kinds of inventions.I get this part I sold a lot of land in my early days in Northern CA  between Sonoma and Lake county lies the mayacama mtn range and its full of hydro  you know drill down hit steam and then release steam and turn the turbines.. and a lot of it was slant drilling so yes you could see the steam plan 2 miles away but still have a chance at mineral rights income..   

Second, you must know the ARV of the property before you purchase it, to determine that the refinance will recover most if not all of your investment.Using a HELOC to finance the down money to buy turnkey properties, will require patience and a keen evaluation of the market in order to get sufficient appreciation in a few years to allow you to pay off the HELOC and refinance the purchase loan. 

I'm 16 currently, planning on going to Penn State (SAT score + GPA are well within the range). 

When the reserves are needed, they are transferred back to the Operating Bank Account so that the expense may be paid out of the Operating Bank Account.The Reserve Bank Account includes sub accounts set up in your accounting system for the following reserves: Property tax reserve (fund this account monthly with 1/12 of the annual cost property tax expense)Insurance reserve (fund this account monthly with 1/12 of the annual cost of insurance)Replacement reserve (fund this account monthly in an amount to set aside sufficient funds to cover the rental property's anticipated [inevitable] future capital improvement expenses). 

Gross rents are probably someplace close to double that amount in the $140k range.

Of course, they had to get their net worth well into the nine or 10 figure range to be able to qualify for this role in large deals.And I also know a couple securities attorneys who get GP equity for handling the legal aspects of the syndication.

We’ve had to adjust our strategies over the past few years, but have multiple properties cash flowing well over $1,000 per month that were either purchased or built in the $600-$700k range.  

My STR’s range between less that 600 square feet and almost 3,000.

After semi-gut kitchens with new but very low budget finishes we have the units rented $1200-1250 range. 13x$100 is significant increase in NOI.

Are they from 4-5% or similar rates as a conventional in the 2-3% range?