Being able to tell a 80 year old lady that her house is worth 100K , buying it and selling it for 150K the next day, is even an option for anyone in a reputable business.

I've got a lady that does it for free and I get to sleep with her.

I am new here and want to hear some opinionsMy goal is 100 rentals single family homes in 10 years looking at a 8-10% ROI after factoring in a 40% cost factor (vacancies, repairs, etc) My example is (12 months of a 1250$ rent x 60%)(  divided by cost of home 100k) = 9% ROI) My main concern is how to snow ball and pay down the houses Or save up and pay cash on homes on each purchase Or equity loan to buy out right and repeatOr pay off 1st/oldest loan asap and buy more with another loan cash and repeatI run a restaurant making above 100k incomeAbove 150k combined with my lady I know i have many routes to get there on how much i can pay down or save up yearly and pay cashAny opinions Im in south texas and would like to stay local and in my backyard i would get C and B- nieghborhoods that i knowMore then likely once past the 50 single homes ill be stepping slowly into multis afterwardsThanks in advance!

A friend who is a college professor said that not one single student at his college sat for the CPA exam in the last 3 years, if that gives you an indication.What you've got now is a Wild West of tax "professionals" opening up shop. 

I noticed I was missing out on a lot of good would be renters such as elderly ladies that had a small dog.

There are also areas which are un-regulated (as yet) and it’s basically the Wild West: you make your own way.

In the 90's the city tore down hundreds of dilapidated homes and because there was such low values, the owners had just walked away.Anyway, I went through the neighborhood and looked at every permit and wrote down contacts of every builder that was working in the area.Then I got properties under contract typically for 15K and sold for 30K by contacting all the builders, who were all wild for them.

Found a lady in Connecticut that owned 2 units and called her up.

In contrast, the city directly across the river is very "laissez faire" with code enforcement / housing stock - I call it "The Wild West" - and they have a pretty serious crime and drug problem over there. 

I enjoy Zombie House Flippers (they got rid of the one super serious guy I didn't like and now have the two original guys and a lady on there which is good - it's a fast-paced show, it's interesting, and holds my attention despite it clearly being sometimes staged for effect).