I think it was a letter campaign, I'm kind of embarrassed to admit this, but I don't really remember exactly.

Remember you don't have to own a property to control it.

…gotta remember those other pesky expenses Frankie!).

Remember Brandon, insurance is state specific, what is available in some states isn't available in Texas.

Remember, your network = your net worth.

You already noted this in your own analysis.Just using these simple rules, you should be able to tell that these numbers are not where we want them.To make this deal work, you will need either a significant discount on the purchase price, or have some way to substantially increase rents (or both).But remember, your goal is not to fudge the numbers to make the deal work, your goal is to find the deal that fits your numbers.

Purchasing houses in OH is pretty standard, no state tax stamps mortgage fee from what I can remember.

I am not sure why Escrow said he cannot be owner and Beneficiary, except they may never have seen it thus far.Randy and I will be doing all our deals together, so we feel it is best to figure this out and get whatever Lending doc we need drawn up as template so we can secure him as the lien holder on any deal.I really am curious and will research more as to if/why or why not he can/cannot be a owner/lien holder on DOT.Will keep you posted on results - remembering we are in WA, so we will see.  

Remember you don't have to own a property to control it.

Remember that maintenance and repairs are deductible expenses so you will get it back.