I have a business plan example on my website.

This can be a way to test different designs until you come up with something you love.

Any idea why my website isn't showing up in my forum signature?

You can order it on the CAR website (not free though).

Albert - Here's the response from our rep at SmartMove:TransUnion SmartMove was designed as a consumer initiated website to help landlords avoid having to pay membership fees and go through stringent compliance to obtain a potential renter’s credit and criminal information.

It's all subjective on a case by case basis.For instance one owner I know owns a multifamily complex of ranchers single story (over 100 units) on about 12 acres.Over the years retail commercial has built up all around it.The owner hasn't raised rents in 3 years.90% of the community is 55 and older even though it is not designated for that.The owner keeps it filled and does minor things to maintain it.Eventually it will probably be torn down and sold off for redevelopment.Knowing that it doesn't make sense to really over improve it and increase the rents.When buying a multifamily building you have to look at many factors and where it is located to determine what your plan will be.I like upping the rents slightly so that you get the increase but are still below market.As other shave said for someone to move and pay deposits and moving fees etc. they won't do it for a small amount.It's like a restaurant upping a burger 25 cents.You won't be happy about it but will deal with it.Up the burger at once by 1.00 and many might look for another place to eat.

And even if the house doesn't need a complete cosmetic rehab, we'll generally do it anyway, as we don't like houses to look only partially new.For reference, you can see a list/pictures of each of my houses on my website, along with all the detailed financials -- this includes the rehab costs down to the penny.

You can get some very useful data on the county website regarding age, sometimes rough floor plans, sales history, property owner info, lot size, zoning, etc.I also like to get a sense of what homes are selling for in the area if I don't already have an idea.

I don't necessarily only believe in one exit strategy however holding is what I would prefer.Also, just a little plug.......your website and blog is great.

HUD homes can be found on a special website in each state.