I've considered majoring in hotel management, hospitality, interior design, architecture, sales, HR, finance, management, financial planning... but I was told my entire life that I would only be successful if I went to college and got a degree in ONE of those subjects.

Many manufacturers make the same exact floor in a floating design and a glue/nail down design. 

If the resource also helps with the mail out, even better (REI Lead Pro does that, but not sure if i can upload my own design or even MORE importantly, DOWNLOAD the list to MY computer so i can use someone else for printing-plan on trying out their free trial).    

I completely agree that doing my homework, educating myself and asking the right questions is extremely important in selecting the right PMC, and I am thankful for the information that you provided.I also believe that this forum was designed for people to share their personal experiences with others, which is why I posed the question above.I DO appreciate all of the insight that you shared above, especially the series on "How to Screen a PMC Better than a Tenant." 

We did not meet reserve (which we presumed we would not).  2 hrs later we were sent an email offering us an approved seller purchase price of $237,000 (+4.5% buyers premium & $299 tech fee) - they gave us 24 hrs to make decision.At this point we immediately ordered a 'desktop appraisal' - which gave us a value to the house (as is condition - which included the interior removed by angry homeowners - kitchen, baths, all lighting, etc - it was gutted - but not damaged in the process) - the appraisal came in at $300,000. 

There may have been some negligible settlement of the interior footings as well, but it is not noticeable from walking the floor.

I'm a 30 year Aircraft Design Engineer with ALOT of CAD/CAM experience so I think we are going to offer a Design service along with our construction company.

About your questions: 1) $700 a month in one of what we call a "popular rental area" is possible if you have a property with good curb appeal and a great interior rehab.

Just be aware of the higher taxes on trusts (35% tax b4 $10,000 b4 distribution to beneficiaries), & with the exception of The Mass. business trust, trusts per se are not designed to be in a business or a trade, such as flipping properties or finding yourself inadvertently achieving 'dealer status'.

Jordan,There are single,double,and triple net leases.The ability to re-purpose the building fast and cheaply is key.Certain corporate tenants with the building design if they go out you have massive costs to get it to a rentable state for another tenant type.Case in point I know a Sonic building that has sat as a foreclosure for a year.To re-purpose it you would have to take out the drive thru stalls and the building itself is so small you can't do much with it.One key area I didn't see touched on is that YES with a TRUE triple net you do not pay for anything.With other single or doubles you might get a little more but pay for expenses so it's almost a wash in the end.The lease is guaranteed and you get mailbox money.The down side is these tenants have rents stay the same amount for long periods of time before any increases and when it does increase the rate is marginal.So when inflation kicks in year after year the returns are diminishing.If you are trying to protect your money they can be an excellent investment.Tell us more about your situation which will help.I like corner locations or right next to the corner as they hold value and are easier to re-purpose and re-rent.Even though the rent doesn't increase as much the land should be way more valuable in time unless the area dies off and growth migrates elsewhere.You can also assume loans at sometimes 90 ltv putting down just 10%.The reason is lenders see these loans as having little risk and low chance of default.I specialize in multi-family and also triple net so contact me with any questions you have.