I use the 'Flip Analysis' from BP to get a general understanding of how to achieve the targeted profit.

We are going to call our insurance agent to discuss, but thought we would get anyone's first-hand account if possible.What is our liability (if any)?

ADR target of $155 which is achievable given smaller room but accessible location. 

Hungry for the game looking to achieve goals and dreams of a accomplished investor..

I would also plan to live in the house so I will be able to experience first hand issues and other circumstances that happen when renting property. 

I would appreciate any feedback or direction that you believe may help me achieve this goal.

Hard money and private are more expensive than money from a bank, but if used right they can help you achieve your long term goals.

My hope is that real estate investing will be a way to achieve my own goals and also provide a model of success for my daughter as well.I would love to hear from anyone else in the area on how they are seeing the current market.  

I know Englewood first hand and unless you live in the neighborhood, know a great property manager and contractor I would steer clear of any war-zones for your first deal.

Sounds appealing, but would like to hear first hand from people with experience.