Great idea Dan, this will get your office workers off their tails and digging up relationships on BP as fast as they can find ways to create influence.

Rents are now going up as fast as the property prices, but the prices are still low enough that right now you can find deals that will cash flow nicely.Do not limit yourself to the 68th block.

Everything happened so fast and we were under such a tight timeline we didn't really have a whole lot of room to negotiate other than overall purchase price. 

Doesn't make sense if you have a few properties and they get rented fast but once someone scales and they have say 10 empty units all across town it can get costly to have someone go check on them weekly.

How do you go through water heaters so fast?

I can't seem to acquire properties like this fast enough. :) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If what you refer to as soft costs is actually the overhead of running your overall business then you are experiencing the same problem that any fast growing business does.

One thing to keep in mind is that rates are changing so fast that quotes from lenders may be obsolete within a day or so, so definitely ask about how long they can guarantee the rates they're quoting you

Ran the comps and there is extreme upside in ROI, thus I need to act fast!

I'm very new to REI so I don't have any experience but a very fast learner and looking to network with others in (and even out) the area who have a passion for REI and have an interest in helping newbies like myself learn different avenues and how to hit the ground running. :)Thanks in advance to everyone who decides to stop in and say hello!