Narrow Vertical Approach - Defined as the 'fortunes of the investor are interwoven with and dependent upon the efforts and success of those seeking the investment.Answer: Yes. iii.

Our household income together would be $55,000 per year plus an extra $10,000 in school refund checks because we both were fortunate enough to not have student loans.

Fortunately I am in a position to buy for cash and job is not a concern yet.

.: I'm really not sure about how the federal poverty level is pertinent to my rentals.I think you and your tenants are very fortunate. 18% of Tennessee is living below the poverty line, as well as 43% of all single parent families.

The long term buy and hold strategy was the easiest door to walk through at the onset and we've been fortunate thus far, although working capital is getting tight and the current rental market is hard to read (for myself anyway).

I also have been fortunate to take courses that have taught me a lot.

I am fortunate that the Agent was an excellent practitioner for two reasons (1) it was a complicated transaction, but he had a great system and (2) I took his advice on my offer amount.

(I’m local and my rental portfolio is here and performs very well)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Fortunately yes last year I made 90k and the year before that I made 75k .  

I've been fortunate to benefit from massive appreciation theoretically puts me around 100,000 in equity, but I'm told that my debt to income ratio (minimal credit cards but 40k student loans and a car payment + the mortgage) would prevent me from using that equity via HELOC at this time.