Your comments are very typical of the conversations I regularly have with our borrowers, Kristine.

You have to keep in mind the exit values as the rehab costs are affected by the values of the homes.For instance, on one of my $1.2M exit values, I would consider $100k to be average to light in rehab.I just did a $50k rehab on a $550k exit and it was a regular, average rehab.Based on your averages, you would have estimated this as a tear down.In summary, don't rely on averages and dig into details concerning rehab estimates.

As for getting into financial planning, we're not getting into anything that isn't talked about on the site regularly already.

I speak at the FIBI in Manhattan Beach March 11, and regularly attend Investclub in Studio City on the third Tuesdays of each month.

Even though it isn't a regular meeting, it'll be a great opportunity for you meet other investors.

The loan officer in this district was involved in a non-profit with me and she would do drive bys of all properties they were secured by on a regular basis

This is a people business, so you will need to establish relationships, and the best way to do that is face-to-face.All you need is a few really good investors who buy regularly and who refer you to others that do as well, and you can be set.

Should be the same % of detergent/bleach tainted water to regular waste water.

I guess fixing minor stuff makes them be less routinely annoying, and if it gets to be too much, not renewing.

I noticed that as well and should have stated earlier that I know this is against the rules, but was more curious as to if someone from the program would check regularly to make sure the home owner did in fact live there.