While in Austin I was going to get my RE sales license and focus on leases/apartment locating, but now that I am back in New Orleans I have noticed that the leasing works totally different here,  hence puts my plan out of commission.

So if your 2% CoC investment also throws out 20% IRR (i.e. because of potentially insane appreciation), then it's obviously an excellent investment, but this is rarely achievable unless you invest in west or east coast and have a good crystal ball.Oh by the way, you can do all the above analysis without using "cap rate".

Worker’s Compensation obviously covers injuries to a worker.  

Thankfully, I had this past year to get my feet wet doing the remote landlord thing from across the country - now I get to figure it out from the other side of the world 😅 Totally appreciate all the info sharing and support!!

Good afternoon BP! I wanted to sk a quick question that I could not find the answer for, here it goes..What are the “VOTES” for, when, why, where, and how should they be used? Thank you, 

A HELOC of 10-15k, and A 403b which I can borrow about 15k from which should be a total of $43-50k.

You could show up at auction and see if total debt is less than fair market value, and bid accordingly.

Total NOI is about $70k/yr with a 7.5% cap rate and a purchase price of $970k for the park and $280k for the homes with a total purchase price of $1,250,000.

(Total toilets are 5, showers 2, bath tubs 2 and 1 large vanity, 2 small vanity and a simple sink.)We want to create an opening in a non load bearing wall.  

Next year, in Jan/Feb, the new value which is actual value seen during valuation and thereafter I have to pay taxes on full value of home.Is this totally true?