Planning on targeting houses with 3 to 4 units, for a buy and hold strategy, still trying to work out the exit plans part of the business plan.Wife is in the process of getting her real estate license as she has been in property management for the last 2 years and really enjoying it.Looking forward to joining the community.

This is based off a real property in my target area.

We had targeted Atlanta which looked fantastic at first blush - but our more in-depth research has been concerning.

I'm curious what the competition is doing - I'm about to start a couple of direct mail campaigns - saturation mailing for a couple of neighborhoods and targeted mailing to absentee landlords.If you haven't tossed the postcard, I'd love to see a scan or cell phone pic of the front/back.

I'm sure there are more but that should get u a good start for research target markets.

Deduct 15% of ARV, which is your target profit.

While at a workshop recently I met someone who uses this formula:Figure out ARV.Deduct 10% of ARV for rehab costs.Deduct 8% of ARV for all closing costs (including hard money).Deduct 15% of ARV, which is your target profit.You're then left with the purchase price.Does this look good to anyone?

Take target date funds that set retirement dates and load up on bonds towards the end.

Fortunately, AZ has online Tax Lien sales that could help me get my foot on the door, but for starters I want to get into the single-family homes and probably target Yavapai Cty.

If MLO deals are your target, I suggest you become a master negotiator, it is key in such transactions.