@Rome Xu You need to run your numbers and present some analysis to a lender.

Short answer, we bought at a price somewhere between actual value based on actual numbers and what it would be worth when run by a reasonable operator.  

By mailing 1000's of cards / month and running the call backs through a Virtual Assistant system.  

The house has been vacant in this time and is becoming run down.

When looking for a good buyers agent make sure they can work at the speed your clients will need them to work at ... that is why I got my license because I was tired of losing deals because I was waiting to either get in a property or to get the data I needed to run my numbers.

Hey Bigger Pockets friends, my name is Ray & I’m a SoCal native running a technology 3D printing/3D printer eCommerce company, EEZITEC, based in Los Angeles, California.

Keep in mind this 8% PM part is best case scenario. 14% is likely more realistic long run with lease up fees and service calls.

utm_source=email&utm_medium=email&utm_campaign=emo-sendtofriend-hdp&rtoken=5cf92d81-5c0c-471b-ab46-c7e5df625bf5~X1-ZU10afpycosnksp_4wzn7) I did not run the numbers yet but I mean something similar to this..On the other hand I think to buy a small condo in the heart of Seattle (http://www.zillow.com/homedetails/1101-E-Terrace-St-APT-401-Seattle-WA-98122/59699632_zpid/?

Waasssssssssup fellow engineer

Everything I have read has said HUSTLE every day; send out flyers, talk to agents, look through craigslist, and in a huge market such as Atlanta or Denver or Chicago, this makes perfect sense: there are TONS of properties out there and every day you should be able to find at least something to run the numbers on.