And don't buy at market rate (i.e. buy at a discount) so that your leverage isn't 100% of market value, but only purchase price, if that makes sense.The main key to leveraging properties is exactly what Pete is saying.

Thanks for the tip about the REI, I believe I will check it out, thanks

Where my specific situation gets a little more confusing is that I have multi family units where there is a mix of longterm tenants and short term so I wasn’t sure if there is a tipping point where everything becomes schedule C vs.

Class B/C value add occupancy held steady while Class A fell off a cliff.3) In Dallas, we have data on avg occupancy dropping to 85% at the worst point in 2009 (REIS data) in some key submarkets where we are buying today, our sensitivity analysis is built to show investors that rent can drop 10% from projections and fall to 75% occupancy and breakeven.

Any tips on how you went about picking your GC?

@Dan Marshall the tenants are protected by their lease, so the two issues re selling now would be inconvenience of showings for the tenants, and whether the property will fetch a higher price as a retail sale (as you suggest) or as an investment...I'm with you--if it's more valuable to a homeowner, you might want to wait it out....or, you could cash for keys your tenants and sell sooner.

This episode is 2 HOURS long, and the perfect thing to listen to while you cook your turkey today or shop for bargains tomorrow.Tim shares tips for using money to buy time, patterns common among high achievers, and how to be truly effective.

@Zack MattinBonus Tip: Don't be afraid to pick up the phone and call the alumni or ask people within your current network for introductions to people within your target firms.

Are there any other tips can you share with us?

@Bo Kim I did not use a turn key company.