It's the first factor in the economic concept of the factors of production; land, labor, capital and entrepreneurship.

What is the ideal number of units you are looking for and acceptable range?

I think it really depends on several factors:#1: What have rents done in the market in the past year - if rents have increased I would consider raising rents for the next 12 months.

At least once a month is ideal.

Ideally, you would use the contractor who did the rehab for you, but if you can't get a hold of him, find someone else.

This is a business for you now and you are the CEO, so you have to build and lead a team of the best, don't settle.I also guarantee you that the folks on BP will know more about using a self-directed IRA/401k than a generic financial advisor who recommends stock and bond mutual funds in varying ratios as everyone's ideal investment plan.

What are some main characteristics that attract you to a potential investment home? Im beginning as a real estate agent here in Florida and i want to be able to flip investment homes left and right because it shouldn'...

Welcome Bob.Your question as to gross rents to collect could be anything like $120,000 to $2,000,000 or more, that isn't the approach or question to ask as it depends on many factors.

Most props purchased for retail flipping are a big high end to be ideal cash flowing rentals.I would sell:* The runup in prices has been rather sudden and disjointed from economic realities; a Fed-driven bubble by most accounts.

There are a few factors I have had to consider, such as: - living away from where I invest - maintaining a rental property away from where I live - the neighborhoods that I would be purchasing in are not the best -many other things I probably haven't even thought of yetDo many people live this far (about 12 hours) away from where they invest?