I'm looking at duplexes now and i'm trying to figure out which ones will meet the 50% rule but i'm not sure what numbers to plug in. I

If you are wholesaling or rehabbing, then the advantage is to gain access to the MLS to pull comps and listings you may be interested in. I

I have just enough cash to buy one property and rehab it in all cash unless I drop my standards big time on the properties I'm interested in. I

I tend to go for the bigger rehab projects at this stage that others are scared of and the bank is eager to unload.Just yesterday I got an REO under contract in a neighborhood I have numerous rentals in. I

I have also read many books on the subject, but fear, lack of money,and experience always stopped me from jumping in. I

I was well on my way and about 6 months in, I was just a little behind schedule.

Thanks again Everyone, Much appreciated - Michael Wanted to add: I mentioned that the houses were built in the 20's, in the area that I'm looking to buy in. I

These need t be factored in. I

What areas of Mid-TN are you operating in?I

First, I'll start from my fundamental premise that a house you live in is nothing but an expensive doo-dad.