This is critical.

@Riley- you have the right idea in terms of trying to do things for Cash Flow.Ironically- there is a function tomorrow @ the NY Hilton: www.nycrealestateexpo.com In general, you would have to immerse yourself in the RE community.

It is good to have some people give constructive criticism.

that is pretty critical information.

But since you are from the area you likely know that plus most of what I will say regarding investing in the area.However, solid due diligence on the property and tenant histories will be critical - view the leases, cleared rent checks, utilities and maintenance, etc etc.

The only downside (other than the obvious of leveraging IRA-owned properties) however, is that I may decide to flip the property if a buyer comes around with an attractive offer (anything over $140K) during the first six months following rehab.Any other options to consider or critical feedback?

I like going to there Wednesday night function once a month.

@Xing ZhuMy apologies, my response was not intended as criticism.

I have a family that I want to spend time with so automation is critical.

Last paragragh of page 27 through to the conclusion (page 28) shows the defendant took little effort in making the corporate subsidary a legitimate independent entity, and "the corporation simply functioned as a facade for the dominant shareholder" would resonate with any 'reasonable person'.If you call yourself 'Company A' then your corporate offices should have something to do with 'Company A', not logoed as 'Parent of A' with 'Parent of A' employees doing the work.