We get our gurus to come through every so often but rather than 4-5 introductary 'seminars' we get 2 and the turn out is maybe 40 people.I still have yet to find a good wholesale deal out here but I know that my competition is minimal.

looks like they have annual income at $7700, so about $3850 plus 142=$$4000 expenses, $3700 Net, before taxes...all based on normal speculation...assumes minimal upfront repairs, no major components about to fail, and no unusually bad tenants.

It is possible to run a system like this in {almost/near} on-demand mode with minimal to no storage we are effectively doing this because we are using solar to pre-heat the source water for the system (as well as DHW).

Turnover is a complete waste of money and I find that I have very little turnover if a family has a child with them.

A banker will tell you 9 times out of 10, they can do the deal if you don't meet those guide lines, but 9 times out of 10 you'll be wasting your time.I say use a broker, but if you do, double check on the bank they use.A third option might be a credit union, yes they are still a banker but their guidelines are sometimes a littler easier.Good luck

I am merely looking for strategies, and did not intend to waste your time.

As far as he's concerned it is a waste of money.

You can tell quickly which ones are not worth wasting your breath and explaining the business to.

You could then refinance the property and withdraw your capital back out of the company with minimal to no tax implications.Best to sit down with your accountant and real estate attorney to devise an organisation that makes the most sense for your longer term plans ... and a path of how you will get there.

I've never been, but I've heard it's a waste of time and money.