Just learn who the players of the game are and how to use them.

The fraction always gets lower and lower until they remove the standard entirely and hyperinflation wipes it out.Those are trends that were in play long before WWII and accelerating thanks to one of the worst thing that's ever happened to this country: John Maynard Keynes.

It just takes time to find the right plays.

My question is, would the 70% rule still come into play here since I am planning on living in the home for at least the next two to three years?

In my own career I have played a lot of music, sure.

Looking to learn the game through wholesaling while building capital and then eventually transitioning into more aggressive forms of investing with higher profit margins.

Account Closed   I got out of the game when I was competing with stay at home moms wheeling in their kids in strollers and hunting around in their pursues for 500k of cashiers checks   LOL.My last sale I attended there were 30 bidders for a little rancher opening bid was unusually low 80k   property worth 200k ARV  it bid up to 160ish and that's before rehab so that was probably a 10k deal for whoever bought it. 

After that set back, it's really rewarding to have been able to add another rental, and get back in the game instead of just talking about it.I'm sure I'm going to be learning lots this go around, especially with it being our first rehab.

I'm primarily a buy and hold investor/landlord but am working on my first flip.I'm still a novice to this Real Estate game but the time has come to ramp it up and get busy.

I am looking at my first real "commercial" apartment building and like most things I'm starting off small... 6 unit building, I own a 4 plex, 3 duplexes and several SFH's, so I'm not totally new to the game, but all the previous properties I bought at deep deep discounts, all foreclosed, all cash deals, all in terrible awful shape, all are now rehabbed beautiful and cash flowing very well.So this leads me to this 6 plex, its in an area I already own duplexes, I finally this week contacted the owner, turns out he's ready to sell, hes owned the property since 1981 with his brother, his brother is 10 years older then he is and can't do any of the work anymore. so...