If you want to shoot me the address I'll take a look at it and give you my thoughts but I'd be surprised if anything would change my initial feelings.

If I'm understanding correctly, what you just outlined provides a way to eventually hit that point of benefiting from total ownership without shooting myself in the foot and denying myself leverage.Also at Brad - The example you gave of buying at 70% ARV...this sounds very appealing, but I am not a particularly skilled handyman, nor do I have much knowledge about repairs, or appraising how much repairs would cost.

He has got this space owned and he can shoot you strait.

Hi AllI think Poughkeepsie has a lot of potential but the shooting and crimes just scary.  

The whole neighborhood has a lot of gang activity, so when you hear about record Chicago shootings, Englewood is usually included in those neighborhoods, as well as Lawndale, where I was living. 

Maybe you aren't happy unless you are shooting for the moon. 

Ill shoot you over a PM.

Most people on BP aim for $100-200 per door on a rental, and some aim for the 2% rule (something I've never seen in my area, but a good goal to shoot for). 

But what if rates shoot up and you have a 5 or 7 yr fixed?  

Alright guys, let's shoot for Aug 10 lunch at Jacksons at noon.Looks like we have @Julian Caiceros , @David Fritch , myself and @Jay West is a maybe.Looking forward to it.