As an aside- I had a now ex-tenant call me at my home number when a dispute arose, he was never given that number and it was clearly meant as an intimidation tactic.

Also, a good place to start is Ken McElroy's The ABCs of Real Estate Investing; his other book The Advanced Guide to Real Estate Investing did not impress me at all (plus the book has many mathematical errors), but I started reading it after going through most of Alcorn's material.

Say you own 10 subways.You setup your accounts: Lettuce, Meat, Salaries, RentQuickBooks would allow you to see how much you are spending on Lettuce across all companies or how much you are spending at a specific business.

Where I am, it's tough to buy flips in the lower price ranges because buy/hold investors (myself included because I am one) draw that inventory leaving little meat on the bone for flippers.

If it's a more rural area outside of town I sometimes go a mile but that's the absolute limit for me at least.

My biggest fear is that someone will not pay their rent and put me at risk of loosing my properties.

Feel free to call me at

There's not enough info to advise on that, its also above my pay grade to make that kind of decision, I try to stick to facts, and that would seem to be an opinion for me at this point.

If there is enough meat on a deal - which there isn't in your example - a private lender may accept a higher LTV, perhaps in exchange for a piece of the profit in addition to the rental of her/his money.You are in a market where prices are crazy, but fortunately for the short term, so are rents.  

Financeexaminer,Email me at [REMOVED] and I will email the links to you...I don't think it is your computer, it's the board..