I know the gravy train is running out.

I suggested instead of focusing on going up $4,000 (because we all want a deal and we will be damned if we increase our offer because we see on TV all the time how people buy these houses on the cheap and why should we be suckers… WRONG).

I would encourage anyone else looking to exchange to get on the train this year.

In a normal year a fully “dialed in" unit is going to incur an average of $2100 to $2600 in regular ongoing expenses.

Preventive inspections and replacement of failing sections of large water mains is ongoing.

2) What background/experience/education/training/mentoring/etc...do you have at this point?

If there are ongoing exterior improvements being made without a permit (or a good amount of debris in the yard) then that might cause an inspector to put in a stop work order.

., maybe old town or just east of the train tracks to do a basic (cosmetic) rehab to rent, or looking a little north for a duplex or triplex (less interest in rehabbing there).  

I have found the training my brokerage has given me and the access to other agents to have candid discussions with to be of tremendous value to me in my investment career.  

Since the prices have gone up (and they seem to keep on going up) the gross yields I can get are around 7%.