For instance a wall plug replacement might be under 1 buck at Home Depot and take 10 minutes to put in but an electrician wants a 100 service call minimum.With larger size properties you can have a PM and full time repair person ONSITE that has no divided interests between other properties and the SOLE FOCUS is to keep your property going.Let's say you have an 18 unit complex throwing off 600 a door rent.The PM gets 8% monthly of gross rents. 48 X 18 = 864 a month = 10,368 a year potential income plus of course any tenant signing fees for first months rent etc.Now if the rents per door were much higher you could argue more income to the PM and repair person but usually the area costs much more for cost of living so it's offset.

For instance some will start small in the 4's and then say after 5 years it can go up 2% max a year until It hits 12%.

For instance, I hear good things about Grandmont-Rosedale, but I've never been out there myself.Of course, the most important thing you can do is check out the properties and their immediate neighborhoods themselves.

I explain it like this... several years ago there was a movie call Sixth Sense, where the famous line was spoken, "I see dead people."  

It would be a rare instance that the city would prefer a vacant economically unproductive (low to now property tax) lot in an infill location.However, as the guys above pointed out you need to check with zoning laws to see what you can build "as of right."  

Though you can force appreciation in some instances, I think it should just be the cherry on top.

This is called a “subject to” transaction and can be a good option in some instances In ALL cases, taking action is what you need to do, and stopping the foreclosure before it’s too late will benefit you in the long run. …………….So, give me a call and let’s explore your options now, before it’s too late……Sincerely,STEVE GREGORYWEB: WWW.STEVEGBUYSHOUSES.COMEMAIL: [email protected](918) 231-3331

For instance, a number 1 is going to struggle with 20-60K per door,cash flow model. 

For instance, I was driving around running some errands and he needed someone to go to one of his properties to check on it and did not have the time.

In an instance like this, do I need some kind of sealer remover to wipe down the offending sections before resealing?