I shot you over a PM Tyler

That being said, at the end of the day, its always about the numbers.I'm guessing you want to buy a 4 plex so you can get a larger property in one shot.

<1% We have one that has consistently paid late for 4 years on a contract-for-deed.

Here's a look at the financials:Purchase Price: $72,000Rehab Expense: $126,000Holding Expense: $7,000Interest Expense: $10,000Selling Expense: $23,000Foretasted Selling Price: $289,000Projected Profit: $50,000Here is a shot of the exterior:

No matter what you do be very consistent (the IRS likes consistency).  

The fact that it hasn't tells how consistently it is generating cash.

Nothing else happens if you are not consistent with your direct mail.  

Our goal was to shoot 75 shots a game. 

(This is consistent with your original message).4 - I brought up the issue of the LLC liability issue - where a personal tax position (using schedule E) being used as a primary tool for piercing the corporate veil was used and the room primarily pooh-poohed such a concept and said there was clearly more to the story than what I was getting.  

We've just started a project management company here in San Antonio for that specific purpose, because these renovation projects do require someone to check in on them consistently (read: daily) to make sure that things are progressing to time and standard.