Power of compounding interest is most powerful force in universe said some smart guy way back when ;)

I made a good buy there but am looking to get into SFH/MULTI in some KC area's and need to form a power team as I work on the road all the time.

Some of the things you need to understand are zoning, floodplains, floodways, legal access, easements, surveys, power access, sewer/perk, ESA, encroachments, surveys, subdivision law, and deed restrictions.

I had to bring my car battery home with me at night lest it be stolen.  

I have always been fascinated with the power of compaction and the ability to, in a sense, control your future with investments in real estate.

With high dollar properties (>$500K) that works ok.Don't fear your agency, it gives you power and knowledge.

Unless you're a big developer or part of the power structure that helps define what neighborhoods will be developed I believe its a crap shoot trying to guess pre-Gentrification. 

I am in the process of talking to lenders to get a feel of my borrowing power.  

550x 4 month:$2,200.00 Yr:$26,400.00Total $26,400.00 -IncomeRental Income $26,400.00Coin-op $1,200.00Vacancy/ Credit Allowance 5% $1,320.00Total Income $26,280.00Expenses -Best guess and ests totals(5% min $200)Management $2,400.00Utilities Water Power $3,436.00Maintenance $2,640.00Insurance $1,500.00Property Tax $3,447.00Total Expenses $13,423.00Total Expenses $13,423.00NET OPERATING INCOME $12,857.00Returns AnalysisCapitalization Rate 9.89%Project Cost $130,000.00Price Per SF $50.00Debt Amount $104,000.00Equity Required 20% $26,000.00Debt Service $7,895.46Net Operating Income $12,857.00Net Cash Flow $4,961.54Leveraged Return on Equity 19.08% $64,022 net worth accumulationPrincipal Payment- 1st Year $3,282.67Return on Equity after Principal Payment 31.71% $66,660.35DSCR 1.6284033Year 1 $8,244.21Year 2 $10,239.54Year 3 $13,061.54Year 4 $16,013.54Year 5 $19,101.54Thanks in advance for taking the time to look at this deal.

Great advice and that is in alignment with how I learn and take notes, and totally believe in the power of writing things down to grasp the concepts.