Also you were correct I am looking at a couple 4-plexes in Texas, and I am being very strict about my due diligence on the properties.

Correction it's $500 for 20hours of coaching and training not 20minutes.

So I feel he had the plan to do the work correctly, but didn't reapply and complete the process.On the contrary, I could see some elevated risk here.

If I understand correctly, your normal rent to investment ratio is greater than the 1.74% on the current property.

Daniel,Your numbers above are correct and to see essentially $100 per door is encouraging.

Joshua Dorkin can you correct that?

If Bruce Norris is correct and the prices will go up 20%/year in next 2 years (I assumed that the property is in Riverside), then you may be lucky and make some good money.Maybe a lease option would be better, if the price goes up you exercise the option, if it goes down you lose the deposit?

Correct?

Based on the fact that the property taxes where $540 in 2012 and the tax assessment has dropped from $22,360 in 2012 to $13,350 in 2013 am I correct to assume the property taxes should go down this year?

Address Correction Requested Postcards work.I do TRY to ask the Realtor if I can present the offer with Realtor present.