Jon, the whole Medicaid Medicare explanation was spot on.

i would buy a property without central a/c if I could buy it low enough, add central a/c and still achieve the numbers I want. but depending on the part of Norfolk it's in, you may not even have to go through that trouble. in some areas it quite common and acceptable to have window a/c. as for letting tenants supply/install their own a/c, I wouldn't let them. i'm biased against letting tenants install fixtures after some experiences in my mom's rental. it's amazing how people can mess up the simplest task. if buying 10 window units doesn't break the bank and doesn't greatly affect your return then go for it. it's definitely favorable to have a/c in the bedroom from a tenant's view. hope everything works out!

Guys -We've got a whole page of tutorials on our start page at http://www.biggerpockets.com/starthereThat said, we don't currently offer the ability to create lists of followers/colleagues, however it is something we re-approach every once in a while.I have tens of thousands of connections and I can spin through their activity in a few minutes a day, provided I'm not going through the forum posts.

Do the open house.Don't tell them it's an open house though.Just tell 15 of them to come at a specific time, and the other 15 can come 45 minutes later.Of those 35, only 10 will show up.But at least you won't have to waste your whole day.

So this is a good step forward because it makes the whole process much more in the realm of reality vs theory.

If one tenant moves out, I don't have to carry the whole cost myself while I am getting it rented.Dawn A. - I suppose Mehran is really the big shot in this situation.

The website has opened my mind to a whole new world of creative finance in real estate as well as how to build leads to purchase property directly from sellers and avoid the MLS.  

So #1 importance in this whole thing is being 100% absolutely positive in the final ARV amount, confirmed by at least 2 different real estate agents and supported by at least 3 comparable SALES, sold within 3 months and within half a mile.

Welcome to BiggerPockets Matthew S.You happen to be in one of the hottest markets in the whole country right now!

IF NO,Ask if we could lease the whole building from them with an option to buy at $300,000 for 3-?