One of us would pull open the door and the other would start shooting.

After reading about the Wal-mart shootings and the pepper spraying on the internet this morning - figured it was a good day to stay away from the stores. 2 dead and 15 sprayed in one incident with an upset lady shopper.

I'm setting up a contingency plan in case I or my Brother has to shoot up there.

Raymond - Can you shoot me an email with the specifics of your browser and operating system (type and version)?

We stage and shoot our own houses... and have made not-insignificant investments in equipment to do so (Lighting tools, architectural lenses, etc.)The filiment bulb on the pendant light was something our designer was especially proud of using, so she made sure to work in a shot of it.

I would only share that Frank Gallinelli has written two books that have really helped me understand ROI along with other calculations for analyzing deals.If you are interested, PM me and I'll shoot you the titles or just put his name in AMAZON.

And thank you for giving me a number I can shoot for!

zachary, you've asked or our ideas and opinions from our experience..and then you've shot all our thoughts down...we are trying to prevent you from making a mistake...but hey, it's your money, credit, and rear end on the line..if you truly think it's a great deal, ya gotta go with your gut becuase you know the area and property better than any of us..that being said, i think you're underestimating expenses, and therefore giong to have a lot less cashflow than you expect...if you're buying on specs or appreciation potential, i have no advice for you as that's not my plan....however i own several apartments and rental houses and i can give you my advice on that..pay attention to the 50% rule...8700 a month coming in from rents and washers/dryers..half that goes to expenses over time...so you're left with 4350 for profit and debt service...ideally you'd like to make 100 bucks a unit (i shoot for 150-200 in my market)..after that you're left with 3150 to pay a mortgage...that'd be a 468k, purchase price roughly..these are quick numbers so i'm sorry if they're a bit off...no way i would risk my parents 300k lot on this crapshoot, spec play investment where there's negative cashflow...you asked for opinions..that's mine..i'm not gonna try to convince you anymore though..good luck either way..

It meets the $100 a door which is what most shoot for at the minimum.

Unless you are investing in VERY solid neighborhoods with generally very low cash flow potential, its a crap shoot whether or not you're going to see better or worse appreciation, or even depreciation in some cases - current economic cycle not withstanding.