I agree Dave, many of the investors I deal with only stick to 1 market.

Ideal for quality youtube videos)What else can you add and/or what road tools would you recommend?

Ideally a company that can provide you with strategic advice and a tactical plan while “holding your hand” throughout the investing process.Always, always, always ask for recent client references.Treat your investing like a business.Take action!

They are desperate for business and eager.My ARV was not right, I believe it is $4.2 at a cap rate of ~10%, and yes ideally this should be good enough for many investors to show interest in this project, but the issue is that we (the partners) do not have any past experience accessing the right channel of investors, not do we know how/ where to go about getting the right investors.Our plan was to rehab 3 blocks (total 18 blocks) of ~8 units each in Nov/Dec, rent out in Jan and with the income start rehabing the others.

Ideally (from what i've been reading)2% of 300k = $6k/month (what the rent SHOULD be)50% of 6k/month = $3k/month (what the expenses SHOULD be)So...If expenses are $3000, and my mortgage is $2400; the total monthly carrying cost would be $5400.Factor in rent of $3200/month and you'd be left with a loss on this property of $2200/month.

I understand where msot responders feel that you should sell and buy something cheaper with possible better cash flow as most of the home we live in ourselves our not the ideal properties for cash flow.

although I do think its hilarious and have watched several different of his videos I completely disagree with him and his ideals.

Some sort of Roth account is ideal, since you'll never end up paying any taxes on the gains.

If the tenants aren't ideal a better method to get rid of them would be to terminate tenancy at the end of their lease.I agree that as a landlord you are not 'mean' if you follow your contract to the letter.

 @Donald Lisiecki:   You seem like you are the ideal client.