A 6 inch exterior wall running 40 ft. will contain 20 sg ft. actually a little more with siding, sheeting and sheetrock.A buyer is usually more concerned with actual room sizes (for furniture) and living space, this is the useable sq. ft. assumed.Commercial will use the exterior demension and if interior space is measured, say to rent an office, many go to the center of a common hallway and the center of the walls, so that the landlord does not lose rents from the interior wall space in the building.Another aspect of measuring mistakes is that the tax man and utility companies as well as surveyors might be using an Engineer's Tape, marked to tenths of a foot not inches.

America as well as the islands, but here in cowboy country where gas guzzlers reighn, central units are akin to the SUV.As far as the rental aspect, I doubt it would make much difference, might even be better after selling the tenant on the economy of running a split system over a central unit.

It would be great if we could get a few investors to present different aspects of the business.

Not sure how I missed this before, but GREAT article.Jason Grote, it's not just about RE, in EVERY business and EVERY aspect of your life, rapport is everything.

I am interested in real estate because I am looking for ways to overcome: living from paycheck to paycheck, having savings that I always end up withdrawing from, etc.I am looking for mentor's, partner's, people who will help me with advice on all aspects of real estate, networking with professionals to achieve financial security and more.Some things that I would like to know more about are: ways to possibly network with experienced investors, etc., who would be willing to help me as their protege' on real estate deals, ways to buy inexpensive plots of land (owner financed) to either get a wrap-around mortgage on or sell at a higher to pay off and profit from the difference, ways to possibly acquire a turn-key rental that I can make monthly cash flow from while also paying any loans I used to get the property (with my bad credit, no money, etc.).I look forward to becoming a colleague of yours.

What are some of the aspects on a potential investment which make you run?

Your liability exposure is rather low flipping except for construction aspects, IMO.We can certainly proceed with thoughts on the matter but much more information would be required, as to the purpose and goals desired.

Do not start your LLC with one startegy in mind like wholesaling, but rather all aspects of RE, keep in mind where you might go in the future, think about admitting members as partners or investors as well as other strategies you might use.

That's about it as to data.The other aspect is the grapevine, simply staying abreast of how the market is moving, what concessions are common, types of financing with contract to close times will tell you is a good indication of the movement in the market and how busy the related players are, lenders, appraisers, inspectors, surveyors, title plants and settlement agents.Construction knowledge, meaning costs for repairs, know what the trades are getting or what you labor costs might be, know costs of materials, generally and the time required for repairs.

Throw rugs work also but defeats the til aspect other than its their rugs,,,and subject to there cleaning.I have heard people love it,,but they may have been homeowners.