Some are meeting setting and some are pure networking.Welcome to Michigan RE Investing

Some are pure networking and some have local or national speakers on a monthly basis.This can be of help; based on where you are during that day/evening and the topics.

The question is purely a factual one as to the appropriate and reasonable values of the land and buildings.Respondent based his allocation solely upon the local property tax assessor's relative valuation of the land and buildings.

Warren Buffett has said that he treats economic forecasts purely as entertainment. 

I'm not too concerned with having property scattered all over as long as the PM is good and is willing to keep me up-to-date with photos and video (although I've been using a PM for only 6 months so this could be pure fantasy).

Now I understand after 4 houses it gets difficult so I was planning to take the income of these 4 houses to finance my Jumbo loan which I would use to buy more rentals which will be able to produce pure profit.

Also you mention the other units will bring in 3k pure profit.  

End of the day without the benefit of hindsight investing is about process and odds and in my opinion its not the right thought process  and pure odds (meaning if you had enough observations and did it all over the place) would lead to bad outcomes. 

By the time you finish your review and inspections of 50 houses - you will have a thorough understanding of the market values - you will be smarter than most agents in the area - you will not be fooled by agents or sellers - you will be in full control.When you are ready to make an offer - you will know that you are making that offer with the pure intent of creating equity or cash flow.All you need do now is to learn how to Control and Roll - using the auction marketing system to liquidate the properties you control.Be patient, take your time - don't let anyone push you into making an offer.The 50 HOUSE RULE works - you'll see.

Its easier if you are more of the thought of living in the property long term as opposed to trying to make it a pure rental in the short term.