When I am buying rentals, I have a minimum cash flow that I use to target the price with.I hope that helps!

This should give me an easier entry into rentals.

The other thing, and this is key, is to really target their time slots.

I would suggest getting out of the house and looking at a minimum of 100 properties (inside and out) for sale in your target area.

Our primary targets are apartment complexes, 6-150 units.

Motivated seller leads would probably be easier to target online than private investors.

People who have a lot of money are targets for lawsuits (legalized extortion).

`(b) Purpose- The purpose of the HOPE for Homeowners Program is--`(1) to create an FHA program, participation in which is voluntary on the part of homeowners and existing loan holders to insure refinanced loans for distressed borrowers to support long-term, sustainable homeownership;`(2) to allow homeowners to avoid foreclosure by reducing the principle balance outstanding, and interest rate charged, on their mortgages;`(3) to help stabilize and provide confidence in mortgage markets by bringing transparency to the value of assets based on mortgage assets;`(4) to target mortgage assistance under this section to homeowners for their principal residence;`(5) to enhance the administrative capacity of the FHA to carry out its expanded role under the HOPE for Homeowners Program;`(6) to ensure the HOPE for Homeowners Program remains in effect only for as long as is necessary to provide stability to the housing market; and`(7) to provide servicers of delinquent mortgages with additional methods and approaches to avoid foreclosure.

That turn out to be pretty negative cashflows once the 50% is applied, or even .45I promised myself I will always run the numbers and do as much due diligence as possible, but the .5 rules does make it easier to see if the deal is even close.

I would assume a good thing, since it gives people easier access to the inner city, but would love to hear from a seasoned veteran on this!