I really like the old SMART goal acronym (see below) but it gets a little murky when it comes to real estate investing because of the multi-dimensional nature of our favorite asset class.For example, many investors list goals in terms of the number of units they want to own but the problem is that that doesn't necessarily lead to an income or wealth goal because there are so many ways to finance or structure the deal and rent – to – value ratio (RV ratios) vary dramatically based on geography and price range.I think the best way to approach this is to set in overall portfolio value goal and an income goal related to that overall asset value while disregarding financing options, at least initially.

I've done many deals where I knew a seller was thinking they were going to "out smart" me, didn't happen, you can certainly play on a seller's greed, more like reflecting their sinful nature back at them.

If the building is on the route of the new natural gas line, you might consider changing over - it has saved me thousands in Auburn!

“Head of family” includes any natural person who is providing more than one-half of the support for a child or other dependent.(2)(a)?

That is not done by blindly following others and hoping there isn't a cliff up ahead.I am sorry if questioning your answers is offensive to you, that is just my nature.

we recently converted our home from oil to natural gas will this increase the value of the home when we get our home appraised?

Look for cat scratching posts and scratch marks on wood door frames and snagged fabric on couches/chairs where a cat may have scratched.

I've not been involved in a transaction of that nature.

Smaller loans are typically recourse in nature.

This is a "prohibited transaction" because it is "self-dealing" in nature*.