If you can save up for a slightly higher down payment your margin for success will be significantly higher.Also, I strongly agree with the "buy the worst in a great neighborhood, live in the worst unit of the triplex and slowly fix it up yourself."

You could create an operating agreement granting one of you the powers - but it is a fair amount of energy/time/activity for someone to manage and find deals.

In fact I had one done that size over the summer from some real slobs who moved out, and it required an inordinate amount of deep cleaning including almost one full day just on the filth of the kitchen floors, and it was $400. 

You have 100/mo x 12 = 1200.You take the cash you have at end of day and divide it by the amount spent and that is CoC. 

You could say you want something within a $$ amount but if it's going to cost more then you miscalculated the budget. 

Hi everyone,I am a real estate investor from Israel, new to the Birmingham market.I'm looking to make connections, invest in fix and flip investments, build a good team to learn and if possible help and share my experience.looking forward to meet you all.

If you think you'll hand it off to your PM to run and take the great amount of passive income as your great reward, there is so much more to it.  

FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.

And of course collusion to keep bidding amounts down was alive and well. its illegal as hell but done all the time.. there was a group in NC that got tagged by the FBI back in the middle 2000s and it cost them 800k fine dont think they went to jail though..

Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.