{When looking at smaller multifamily (i.e <16-20 units) with central heating, the operating costs are likely to run closer to 60%)The 50% "guideline" is a quick, in-your-head, means of performing triage on a property and deciding whether it warrants further examination.  

Having been through the patent process twice, my hat is off to anyone who could face that paperwork 21-times and still be smiling for more.When you say Rent-to-own, is it safe to presume you are working with a lease and separate option to purchase and have not tied the performance of one with the other?

Even their investors are graded based on criteria and performance track record.

What advice would you give to someone who lives in Silicon Valley in the Bay Area when it comes to performing market research and selecting zip codes to search for deals?

I know several guests on the podcast mentioned doing a 50/50 split, where they perform all of the legwork and the investor provides all of the money for the purchase and the rehabbing costs.

I'm leaning towards keeping it consistent and go with Thursday night.

It is harder still to do that consistently to make a living.However it is certainly possible.

The other five consist of a country club, five health clubs with office buildings. 

Professional tenants...and by tenants, I mean termites.You performed an inspection and found nothing.

Ultimately I would like to buy and hold, buy and flip properties consisting of single family homes, multi-unit apartment complexes, commercial properties and mobile home communities.