Please feel free to comment and post any suggestions that you may have on anything that I've stated.Thanks!

I can be on the verbose side sometimes and was a bit worried I'd gone into over sharing... so your comment made me feel great.

I have generally ignored these 50% rule of thumb posts of late because they turn into holy wars with commentators that have generally never operated buildings or done any sort of detailed financial analysis.

Bill GulleyAppreciate the comments.

The president stopped by numerous times while the worked was being commenced commenting on how nice everything was looking and how the work we were doing to our balcony addresses a problem that some of the balconies have, cracks in them.Fast forward to this month.

Again, I appreciate the great information shared here and thank you in advance for any comments/advice.

However, as many have mentioned in previous comments, we did a lot of research and took out time for the right deal to present itself.

Great comments.

Though, 5 flips per year is not how I think the 1st year's agenda will play out.Thanks so much for your comment!

In this case, the cost of money is 4.5% and the cap rate is 6.62% so it does not.I also don't like this being a "C' neighborhood and only giving a 6.62 cap.The last comment is that I rarely find a property that doesn't need some work.