Let me add my one cent (used to be two, but I had them in the stock market):I think it's incorrect to label any of these measures or techniques -- cap rate, IRR, DCR, pro-forma analysis, etc. -- as useless or irrelevant.

This is why the two techniques generally work out to the same total depreciation expense over the 27.5 year class life of the dwelling structure.

You can learn everything you need to know about wholesaling, get semi-live follow up support and guidance for deals you are working on, marketing techniques, closing procedures, and everything else for free.

Many of your replys were from agents so I would take that into consideration when reading their responses.In my experience, I have had agents scew up and cost me money on investments in the past, no one is perfect of course.My advice is this: If you are doing the work and research, are experienced enough to handle contract negotiations, etc. you can absolutely use the negotiating technique with the seller that they do not have to pay the additional 3% to a buyer's agent and as such, can reduce their price by 3%, or by 1% + 2% cash back to cover some of your closing costs.

If they do not get the mortgage to buy, they are up to the mercy of the Seller to evict or extend lease only or redo the lease option.Please do lease option for 1 year, with 2 x 12 month extensions.BTW, this technique of Lease Optioning then Assigning, is called Cooperative Assignment.These "CO OPs" can be done with Land Contracts as well.I like them for "skinny" deals.

They appreciate old fashioned, non-sexy, borderline boring, tried and true investing techniques.

That's called "cross collateralization", and is a common technique to use one property's equity to acquire another.

Do you think this is a viable technique?

Making outrageous claims that you have coined phrases and invented a never been done before technique is no more true than me stating pigs can fly.

This can be a great technique when you wholesale.