My current hobbies include paintball, auto and tractor restoration, farming and just making things in the shop. 

Or you are not including all costs in your calculation

Secondly, figure out a way to prospect every day including reaching out to local FSBO's, researching and calling Expired Listings, calling local probate lawyers and getting your name out there, and calling lenders to build relationships in hopes of getting REO's.

BP has tons of information including free online videos and educational courses and even has it's own podcast in itunes.

Hi Tim, good question, I mean 500K up to 3M value max at this point, this also means total costs including my rehab costs etc. 

Including holding costs (which includes loan pay down) and all renovations, we are all in around 150K. 

Now that I'm done w/ class I can focus more on my home town, though I do have a long term plan which includes getting to know Toledo's market better.

I have been in the construction-related business since I was 17 including those college years.  

I sent out my first direct mail campaign a few days ago and I made sure to include my Google voice number as the contact on the letters.

Here are the details:$319k (with an ARV of $319k)15 bed / 6 bathGross rent: $9050/monthMortgage: $2799.45 (100% financing at 10%)Total Operating Expense $3849.33/month (Maintenance 17%, Vacancy 7%, tax and insurance included)Monthly Cashflow: $2401.21If you have any thoughts on this property, I'd love to hear them.