Sure I can spend time after hours analyzing deals on the side, but what better way to know a good deal when you see one than to LIVE the industry?

Hi Shane,I can understand the housing authority wanting to confirm a potential buyer's ability to demonstrate financing capacity as a predicate to them spending time with an interested buyer.

You need to spend $10s of thousands if not $100s on drawings elevations civil engineers planners before you pay the plan submission fees to get in the door and they can say no or you need to make amendments that cost more $$$

Since I work full-time, I have to be selective of where I spend my time.Thanks for any insight. 

Now I spend most of my time looking for new deals. 

They need to know that you really Can buy now.They need to know that you are Ready to buy, not spend 6 months working with you before you are ready.I assume this would be a buy and hold?

I did spend 50k up front on the event.. and had I not sold any I would have lost all that marketing money.. 

Cash sales are actually the very best indicators of value, as they truly reflect what someone is willing to spend with their own money.

I would base everything off todays rent not future rents if you spend the 70K.

I rather spend a little more up front on tile or wood floors than spend more over time on carpet.