Buy your properties over the course of a year or two - make sure they are actually producing as planned before jumping into the next deal.

I do have two rental properties that will produce about 380 dollars in equity per month.

Never understood why the producers of these shows think people want to watch screaming and yelling?

The crack is likely at a bolt slot as thats where all the stress is, making it even less likely it would hold.

The raw land had never been developed, so it never even produced income, but I believe that would be acceptable as the relinquished property in a 1031 exchange.

Between rents and selling properties at a premium would be two catalysts for these future REITs being able to produce pretty good dividends?

No damage has happened to the foundation yet so it has not produced a problem yet, however I am going to get it fixed which the bank does not want to take care of.

Agreed with that - but credit REPORTS tell the story; scores are just a number being produced that makes a lender happy ...This particular tenant applicant is working on getting a loan, so the credit score would have to be decent to get the loan approved.

Curious as to what steps/formulas you guys use to properly evaluate whether or not a home will produce cashflow and increase in value.

I found several that offer 6-month, 12-month and 18-month balloon notes for multi-unit/income producing properties in the area, up to 60% LTV of ARV.