Last but not least, BP forums offer an excellent platform to connect with the local members and ask questions.Good luck!

@Joshua Dorkin @Mindy Jensen This is a great direction to go with increasing BP's effectiveness as a networking resource, but I think there is even more potential to be tapped here.BP does an excellent job in facilitating rapid, personal growth of your real estate networks by letting you connect with others in your geographic location, market segment or area of interest.

If the ROI is excellent give a closer look.  

I've got some excel spread sheets you're more than welcome to use for buy and hold and buy and rent options...just email me at [email protected]

I have managed to negotiate an great price on a piece of property that has excellent Development Opportunities. 

+PGI-Vacancy=EGIOperating Expenses:-Insurance-RE Taxes-Prperty Management-Utilities-Other Operating expenseNOI = EGI - Operating ExpensesMortgage Payments:-Principal-InterestCF after Debt ServiceCapEx-Capital ExpendituresCF after CapEx-Purchase/+Sale+Financing/-Paydown of remaining balance upon saleNet Cash FlowCalculate your returns off of Net Cash flow.Returns:Levered CoC: Year X CF/Equity InvestedROI: Equity Invested/Total CF Distributions, including saleIRR: Use excel function to calculate (=IRR(equityinvested, Year 1 CF, Year 2 CF, etc.)Compare return metrics to other investment opportunities and pursue accordingly. 

We own several rental properties with excellent ROI.

The cash flow has been excellent and although i've had some horrid tenants  - the bulk of them are just good people that live simple lives.   

Excellent info, thanks! 

One of the applicants was an elementary school teacher,  looked very nice, and told us upfront that she has excellent credit score.