Probably a dozen if you count cosmetic only rehabs.

If hyperinflation or even extremely high inflation is all but certain why not just leverage to the hilt and pile up the break even property count?

If you put some financing in the mix you're well into the twenties or higher percent  that's before any kind of depreciation or other tax advantages are counted.

I don't believe plants count, they have to need the land for access the theirs.

There is no history of anyone making an offer on it, so we feel confident about it--but are not counting on getting it for a song, like the price it's advertised at.Anyway, comments/advice/suggestions/experience is welcome and greatly appreciated.Cheers!

The rental income probably won't be counted until you've held them at least two years.

They will count funds in checking, savings, money markets, etc.

I also had him send over the 2010-2011 income and expense statement with the EOY projections. putting in an imaginary %10 vacancy rate (though it doesn't seem like anybody is going anywhere), plus 696 in made up expenses (I counted the lady who would manage in exchange for free rent plus 386 for...something) and the NOI comes out to be $20586 per year.

We count on their expertise in their area, but still check the comps ourselves, to verify value.Good Luck!

The contractor has fixed properties for other people who flip so he would be counting on my accounting/business background to make sure the #s work.