Be sure to establish some goals and narrow down your approach.

I established that goal prior to my knowledge of BP and the ability of investors to significantly speed up financial goals.

So it would be very strange for a judge to be analyzing the future possibility of a lender utilizing DOS in a breach of contract case where the sale didn't even happen.

Not included are repairs, capital reserves/improvements, vacancy, any owner paid utilities, and management.

If you paid 100K for the property and expended 25K in initial capital improvements, then use 125K as your cost.Going forward, you would put together your operating forecast/budget to include all the typical expenses: utilities, property tax, groundskeeping, admin, marketing, etc along with your allowances for vacancy (8-10%), maintenance (10%), and property management (7-10%).

I imagine that I can pretty much get a vibe about an older, established subdivision, but if I wanted to buy new or recently-built, let's face it, many of the big builders don't put out a great product and sometimes don't stand behind their work.

These include, but are not necessarily limited to Origination Fees, Bank Fees, Attorney Fees, Title Insurance, Recording Fees, Hazard Insurance, Property Taxes, Transfer Taxes, Commissions, Home Warranties and Utilities.

It may have been easier because we were military at the time, but there are some civilian services as well that may help you if the consulate or embassy are too far.If you have a trusted business partner and can wire the money ahead you may also be able to establish a limited power of attorney for the deal that is restricted to terms you have already agreed on, and only for that deal.

The site is:www.therealalliance.comThey appear to have everything you need to get started readily available for you to utilize and maximize your deals including virtual assistants and software to keep your team informed and on the same page.Any and all feedback is welcomed.

I guess I am leaning towards it would be wise to use the equity if I could find another property that cash flows like I described (Currently a duplex FSBO asking $90k, with gross rents of $1600 - Expenses ($700 PITI, $250 utils, $150 maint/vacancy).