(He also carries his own insurance)He averages about 16K to 18K a year from me.

It's the first factor in the economic concept of the factors of production; land, labor, capital and entrepreneurship.

We've been debugging for a while now, but until you put something into a production environment with lots of users, you don't always get them.

Especially for a guru pitching his product.

I know there are a number of REI clubs here in Dallas and I don't want to waste my time at the ones that just pitch products or hype.I'll definitely check out The Roddy Roundup!

Also, some other considerations: Did you rehab it with higher end appliances & fixtures, custom finishes geared toward attracting better buyers, or is it more renter-friendly (average for the area & won't upset you too much if/when renters damage it)?

Try to find out what the average length of tenancy is for the type of property you're investing in.You have a great plan for your investing and I really hope to watch you grow as an investor.

Also what would the average price per lot you guys would pay to own it?

The average wholesale property near them can be purchased 70% to 75% below market value from as little as $25K FSBO(of course an investor is going to want a nice amount more even for a shell).

While any particular unit may do somewhat better than 50% and some can do much, much worse, that average is well supported by those large datasets.