It was never a "rule" it was simply a calculation that fitted good deals at that moment.It is no more valid than saying you should never pay more than 2 grand for a brand new car.

Hello all,I'm brand new here and wanted to start off by posting in the discussion board right away. 

Hi Nicole,There is a lot of information about you and the deal that are not in your post but I would suggest that an 8 unit coupled with college rentals may be a bit much for a brand new real estate investor.Yes, you have to jump in and get your first deal under your belt but my feeling for new investors is to start small and safely add practical experience to your educational process.

If he is willing to do that it would put him in a much better light IMO.

Still lets in light, prevents wall damage. $10 Fix until you need/want to remodel. 

I am brand new to the pre-foreclosure market.

The location is perfect because it's 4 block from the light rail and the river.

I am brand new to the pre-foreclosure market.

Also harbor freight has security light sensor for under $25... god I love that place

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