Until an 'investor' reaches critical mass (escape velocity) in number of units turning enough profit that even the occasional catastrophe won't  change their life style, it's got to be keep your head in the game and all hands on deck.It's all fun until it's not.  

From reading about the Indy market, it seems like the market changes from neighborhood to neighborhood, so being very cautious here. 

I was just talking to someone about the market there with how people who are doing fix and flips are seeing some real good returns and changing neighborhoods.

And if the market conditions change around here again, I'll be ready. 

If you have to do more, wait 5 yearsonly do this work when the leaves are changing colors and the tree doesnt need as much water.

Seeing houses have 30+ offerings after 4 DOM is a little discouraging... and so that’s why I need to change up my approach!

I’m guessing your question is about your “basis for depreciation”......a “basis point” is 100th of a percent, referring to interest rates, easier to measure/quantify small changes.

If you do rehabs long distance I think there’s a 50/50 chAnge you get ripped off.Also let’s quantify what’s a deal.  

I just started investing with a flipper in Texas but a change in jobs is moving me to the Phoenix valley.

Eventually, I’d like to invest in apartment complexes but I suppose this could change the more I learn.Thanks for having me!