That return improves when you buy below market value and that takes care of some of your concern about a market downturn.

Even better, I'd like to buy places with as little down as possible and use that cash for improvements to force appreciation.

Spend 15-20 hours on this site searching, reading, practicing evaulations, studying your market, factoring in your available investment money, then set some GOALS.

I think it's probably more practical just to contact people who have a face and a name listed.Good points from all of you!

My goal is to network and share best practices with like-minded people who are investing and property managing smaller properties in the DMV region.

In addition, Listingbook saves agents money by replacing other expenses, improving productivity and efficiency, and helping real estate professionals make more money.

I think as others mentioned, using it for the Sold values and then building your own estimate is the only really useful tool for zillow.Before finalizing an estimate for ARV I always check with one of the real estate agents that I have networked with to get their estimate and then use that to further my knowledge of the local market to improve my own ARVs.

It doesn't come on much anyway as we heat mostly with a pellet insert.From a practical standpoint, it's one less thing you have to worry about freezing up during an extended power outage.

I'd say the banker is pulling your leg a bit, as the secondary market is practically a limited risk with quality originations, there aren't any specific program changes dictated by Dodd Frank but there are other things going on that make things tighter for lenders in compliance, underwriting, reserves and management.As to Fannie and Freddie, 95% LTV won't go away but underwriting may be tougher.

The rents are way below market with plenty of room for improvement on the expense side as well.Do you think I would be able to offer a 36 Master Lease with Option at the current NOI even though its not enough to cover the current debt service?