And it looks on the surface to have some great potential, so I would like to investigate this property for real, not just on a paper exercise.  

I think anything east of 90 is enhancing in values.  

If I do something "wrong" you can feel free to point that out too, but as I said this is first and foremost a learning exercise so don't snicker behind my back ;) Stay tuned!

D you can publicly solicit for investors provided you go through enhanced scrutiny to verify they're accredited investors.  

If enhancing your travel isn't your cup of tea, the Chase Ink card gives you 2% cash back.  

This was more so an exercise in learning and critiquing my logic and process but hey, if I can make the deal work, all the better!

It is NOT a beginner exercise.

Doctors dont enhance their lousy investment crendentials by buying TKs.

We like this method for several reasons, 1) we are staying focused on the area we want to invest, 2) we get to know the people in the neighborhood and build relationships with them, 3) we see how every house changes over time so we can identify the ones that are starting to have problems 4) we get to spend time as a family exercising and working on the family business.Your second question, ask the neighbors and talk to the city.

No strategy in the stock market gives you direct control, so trying to find a stock strategy to fit REI is probably an exercise in futility.