Bandit signs can be done cheaply.. just be careful and mindful of your city's laws on where to put them up.

Keep me in mind if you find any good deals.

Hello Mohammed, Using an IRR calculation is the right approach, but keep in mind that new development projects are more risky and should therefore demand a higher IRR.Technically the payback period is an actual mathematical calculation that is used to help validate a project's feasibility.

Make sure you have good insurance and umbrella insurance, proper property maintenance and management first - but keep in mind, insurance doesn't cover you in all the scenarios.

I'd like information on KREIA if you wouldn't mind. 

I'm also looking for a CPA who is investor-minded and would like to have a chat about working with me. 

Also keep in mind your closing costs. 

@Ori Foyer keep in mind that if you have to pay an attorney approx $250 per hour, you will spend approx $1,000 to get the Seller into court after the payment of court and attorney fees.

Keep in mind Im new at this, about 2 years, but I have made money with two flips and two rentals so far...It does seem to me like in the fall of last year, there were more properties out there with Value in them - maybe its a time of year issue. 

Excited to connect with like minded investors.