I have recently opened a digital marketing agency and for now I am focusing on finding 1st client and trying to build some capital.

I did enjoy going to all the casinos with all the great poker action.I also enjoy buying 35k properties that I can rent for $800. 

Likewise, if you are doing 5 turns a year, where you'd be paying $5k to a PM for performing the turns, you could alternatively set up digital locks, and allow self showings, keeping the $5k in reserve to cover potential damage associated with this approach.

Starting early, I dig it.

William Tingle has an excellent article on this topic:How To Overcome Seller's Objections When Buying Subject-ToI wrote an article about this a while back too...I'll try to dig it up and put it in the new file vault this evening.

Just writing this post to give my digital smile and handshake to everyone.

I agree, I want my cash on cash to be in the double digits.

It's very common to see double digit returns where the average over decades in stocks is 7-8%.3.

Also, maybe I am $1,000 off and instead of making 40k on the flip I would be making 38k by going slightly higher than his best offer..I am still doing the deal at that price..its seems like being the last guy in is the best scenario but it would be in my best interest to know what cards he is holding (sorry for the poker reference)

Here's a basic one I put together about a decade ago:https://www.biggerpockets.com/...The BiggerPockets Flipping and Estimating books go into a lot more detail, and if you purchase them from this site (as opposed to Amazon), they come with a whole bunch of digital files and spreadsheets:http://www.biggerpockets.com/f...