So 280K I think is a fairly conservative analysis taking all factors into consideration (potential basement sq. ft., highway) As far as the basement sq. ft. my GC and I surveyed the property and the 2100 sq. ft. does not seem to include the basement, if it does it is only a small portion (where the fireplace is).

I came across a national lender called GMA Factor that offers hard money at 13% interest.

Ryan, I think you have to take in to consideration more factors than the ones you proposed.

The bottom line is there is a "right way" to invest successfully in other markets as a buy-and-hold investor.Selecting your market comes down to fundamentals like employment, job growth, and other economic factors.

Ideally, only deserving people should receive welfare benefits.

Note: depending on alot of different factors.

Virtually all discussions of debt put forth by those advocating no debt fail to include a key factor.

Here we are today, and if those people had spent as much time and energy focused on investing as they did on "preparing for the end," they'd have made a lot of money over the past few years.Nobody knows where the economy is headed, and even economic geniuses can't account for the non-monetary factors that influence national and global markets.

I'm ideally looking for a somewhat dumpy multi-family home that can be fixed up and rented.

Another factor to consider is you get agents bringing you the best deals when they know they get the back end sale too.