There is also the work involved bringing that 6 unit up to date doing the rehab to get it into shape so you can rent out units with relative ease and compete in the market place.

From RealPage 10-K page 14, they say "The principal competitive factors in our industry include total cost of ownership, level of integration with property management systems, ease of implementation, product functionality and scope, performance, security, scalability and reliability of service, brand and reputation, sales and marketing capabilities and financial resources of the provider.

The quantitative easing has also helped the stock market and will continue to do so but it will do the same for real estate.

When I started out, my wife did not share my passion/vision and it ended up being a constant source of tension.

In addition to the obvious contribution limitations, the dangers of self-dealing, and general ease of “messing up,” a self-directed retirement plan also eliminates the ability to take advantage of significant real estate benefits as depreciation and many business deductions.Jeff

In my market Buyers who are upgrading are more receptive to a staged home.Investors who are looking for rentals tend to see the other aspects (ease of maintenance etc.)Marie,What cities do you primarily concentrate on in the Central valley?

One reason, other than the ease of access by others to my personal information with a quick search on Georgia Chamber of Commerce is, I would like my tenants to feel that they are receiving late/eviction notices from an outside company.

I guess my next real question would be about strategies in terms of finding a good deal with a good cap rate in a commericial multifamily- and If buying in the same area would be worth not getting the best cap rate for ease and continuity in my management and team of people I already have set up.

Checkbook control is only needed if you are investing in very time sensitive investments, however, the ease and quick access is my preferred route.Keep in mind that flipping properties is an active biz and subject to UBIT, just as buy and hold using leverage will also trigger UBIT.

But when you consider the greater length of service, ease and cost of maintenance, and safety, its a great product for a long term hold, mid to high end property.