The numbers look like the following:Acquisition Cost $225KRenovation Estimate: $35K ($20K funded by the bank/reno loan - $15K out of pocket)Downpayment; $25K (10% of $245K) ARV:  $350K (Conservative)LTV: $63%This single family is located in one of Fairfield County's Gold Coast Towns (location to be disclosed post closing), commutable to NYC, with a strong rental base (A class). 

As someone who has been through the gamut on tenants and property managers, finding good ones is really worth it's weight in gold!

Heading east, most of the popular Gold Rush/Sierra towns are a bit over 2 hours. 

Could be a gold mine. 

But what you are throwing out is gold so i guess I'll find those haha.

Ignore the bravado you hear, work with good locations and basics and success WILL follow.Those Craftman's are real gems and can be a gold mine *IF* you can control the expenses.Use your last efforts as a cost estimator for the next one - - after all, that was reality and no bravado. 

A good office that can help you motivate you and train you to drum up new business is worth it's weight in gold.

12 C HP is the gold standardLearn reverse notation too, download HP 12C PDF instruction book from Internet 

@Seth Golding  The managers of the 45-unit can layout the common repairs and you can negotiate your hourly, as they will count on you.  

The only reason I know of anyone investing in the stock market, commodities, gold or silver or anything else is to benefit from said investing.