Eventually the economy will slow, rates will go down, rents will decline (as the new building vacancy rates increase forcing developers to lower their prices), and state/local taxes will continue their upward march.

I was wondering What percentage of the mortgage amount would you set aside every month to cover the eventual cost of taking care of a property.

You say 'However, that $70k is not yours, you need to pay that back'...Yes you need to pay it back eventually, but why do you need to pay it back now?

I do eventually want an absentee owner list as well.

Doesn't the gov eventually recapture that year 1 depreciation because the sale of these properties is done fairly early (5 - 7 years)?  

They would stalk the last drying up watering hole because their ideal prey would eventually have to come drink.So I would stalk bigger pockets and see what my ideal clients would say, type, what lingo they use.For example.

This would allow us to see how close we are getting and eventually build up a person's confidence to pull the trigger on an offer.

I look forward to interacting with the BP community and eventually taking the plunge! 

If you goal is cash you would have to MF or go outside of Austin to the neighboring towns that will eventually benefit from the rise in Austin's economy. 

Please show me I'm wrong or you are that amazing, because even when I eventually invest the right syndication for me, I will always have and continue to acquire fee simple interest RE.Please, please, please, bring me  ten caps!