BINGO, no more due on sale-alienation issues as the law providing the use of the DOS exempts transfers accomplished for the purposes of estate planning. :) Next issue is the comingling of your funds, which include personal debts made by you personally, with company funds.

I live in Southern California so something no more than a two to three plane ride or a five hour drive.

Seems like I shouldn't waste sending mailings to these addresses then since they are owner occupied - no more motivation to sell than any average owner.Also, you're right - no need to have the list perfect, just get the letters out.Thanks!

Thanks for the keyword tip Dan.Hi Dave, I like to have my properties no more than 10 minutes drive from my home.

I recommend that you keep your monthly debt payments on your properties to be no more than 50% of your market rent.

In the college town, the specific area I am looking at is within walking distance to campus (no more than .75 miles).

My guess is I will do no more than three of these (finance with profit share) in 2014. 2015 will require more planning as I hope this activity constitutes 60% or more of the bacon I bring home.

For example (and these will vary, but the overall average will be about 50%), 10% vacancy, 10% property management, 10% taxes and insurance, 10% maintenance, 5% advertising, 5% misc.So, if you want to have positive cash-flow, your mortgage payment needs to be no more than 50% of your market rent (or your market rent needs to be twice your mortgage payment).

Bill, The corp can make up to 50k and be taxed at no more than 50%.

There is no more no money down deals, in the Houston area anyway.