My ultimate goal is to develop a passive income and become financially independent so I have more time doing important things like...saving the world and searching for long lost treasures and civilizations.  

Way cheaper. actual repairs cost: $100inspection program bureaucracy costed me : $1200+ (including retro-fit window permits)

The plumbing seems to have been repaired in a handful of places (drywall was removed, and new copper fittings are in place).

It looked good on the BP flip calculator but didn't fit the 70% rule.  

I have an initial goal of attaining $3,000 per month ($36k annually) in income derived from real estate investments in order to supplement my full-time job.To kickstart this post, I thought I'd ask some questions to the community that I've been pondering over the course of my real estate education:First, market timing: I have the sense that the Dallas market has been on the upswing for the past several years, accelerating even more rapidly since the announcement of several major companies (including Toyota) moving to Plano.  

It was also within our $350K budget, also within our property tax budget too, and fit every criteria we'd wish for other than it not being move-in ready.

I know what my goal is.

My goal , and I know its a lofty one, is to generate $1000 in gross rent for every $100,000 i invest.

Thus far based on browsing on loopnet.com, Tampa, Florida and Hagerstown, MA appear to have properties available that fit my budget and desired unit size (4-10 units).

So your new goal is to check of just one of those for the next 22 1/2 days.