How does that not set off red flags?

I personally prefer a legal position involving deeded ownership or secured lien position; however almost any real estate activity can be profitable given the right set of circumstances.

Let me know if you would make any adjustments to the way that I am calculating this. 

Have you been setting aside some of your rent for regular repairs and CapEx items?

I need to set a clear intention which would make the decisions easier.

We are due for a slight correction, but those generally quite nuanced and they happen on a neighborhood-by-neighborhood basis (example: the prices drop 2%-5% for a quarter or two in a specific neighborhood).Q2 set a benchmark. 1/3 of all SFH sales were sold for $2m+, and the median sale price for a SFH was $1.62m, which was a 13% YTY increase. 

Do you have any goals set and figured out a certain strategy?

Pay to little and they won't want to work for you and just place a lien.....Come up w/ a set of milestones or draws, make it clear what needs to be done and when.

I think ideally we'd buy a place a couple months before I'm set to start school and I'd move down and do the work.

But I love the turn overs once it is set up as it means my cleaners are in there taking care of the place.