Using the 50% rule, it looks like you are going to have a negative cash flow of about $80.00 per month.steve

I have my $30,000 rule with subject-to and lease options (I won't touch a deal unless I make 30k).

Then factor in the hard money loan costs, carrying costs, closing costs.......in addition to the 70 percent rule minus repairs.

Copyright infringement is a serious crime, and trying to pass someone else's work as your own is a bad idea (and a fast way to being sued).I question whether you should be giving advice to people on article marketing when you appear to be violating the #1 rule of article marketing - Never use the work of others as your own.

A good number of them will likely require a new septic systems and there are some strict rules in MA that I need to learn more about.

Missouri offers Liens and Deed Sales, but you have to certainly understand the rules and do your due dilingence--which is usually not a big problem, but it requires a bit more research.Here are a couple of links that provide an overview:http://www.andrewcounty.org/collector_auction.htmhttp://www.bentoncountycollector.com/delinquent.phpAgain, contact me for more details.

My only concern is applying the 50 % rule with the max. rent for both is 1400.

When I place a bid I use the rule of thumb not to have more than 70% of the most recent comps in my deal.

Please limit bulk REO discussion to the bulk REO forum, only, and follow the rules for posting in that area.

The reason I chimed in on this post was because I have seen people have consistently terrible results, when they let emotion rule their investing.