The accrual method of accounting helps smooth income and expenses out and provides a clearer picture of how your business is doing, which makes it easier for you to come up with processes to improve it.

It was a single family town house which I barely had to put any improvements into.

Assuming your terms are good, 25% down another $3000 in improvements your in ~$96,000.

Living in this area over the past few years I've noticed how it's steadily improved, with great restaurants, parks, and schools nearby, and I'd like to continue living here, but I'm also not opposed to moving if I found a great deal elsewhere.Anyway, that's my deal, thanks for reading and I am happy to be a part of this community.

Hence, there could possibly be 20-25% equity if the value goes up with the improvements.

I don’t know Texas as far as how they do their property taxes, but typically most areas if you look at your tax bill it breaks it out as “land” and “improvements”.

I have been trying to do some research on how to acquire lists and it sounds like absentee owners lists from a website are the most efficient way to get rocking and rolling.

We were able to improve the zoning which immediately brought a huge value increase, as well as having the legal water rights.

Then I would do some quick cosmetic improvements, rent the other office, and turn around and SELL the whole building, advertising it as 100% occupied with a nice big cap rate and 5+ years to go on the leases.

@Blake Edwards I don't care if they fund control , I just want the money for improvements, and acquisition of other properties.