trust me spend the money and go put your eyes on the place!

Expertise aside, it is always nice to have a "fresh pair of eyes" look at the project with an unbiased point of view.

But those percentages are eye-opening.  

I did 2 red eyes in a 36 hour period to do a turn over for one of my properties bc I couldn't get any time off work!

However, even with my limited experience and knowledge I'll be keeping an eye out for opportunities in which I may be able to contribute some level of value to BP and its members.

Thank you for your quick response Bruce.I will definitely keep my eyes open for a property that will not cause me to fail.How do people continue growing if your money is held into a property?

so being new to REI  I wanted to get a few eyes on my 1st deal and see if I could get the opinions of a few people here on BP.asking price 249k, 4 unit mulit. 3 2 bed one bath, and a 3 bed 2 bath SFH with a pool on the same property.

There is a property that really caught my eye last week.

But to call it an LBO and not have people smirk or roll their eyes, will involve commercial transactions of at least middle market level (anywhere from $10m-$25m up to say $100m).

I drive through there at least twice a month out of sheer curiosity every time I go to Little Tokyo - just to eye ball the transition.Those homeless encampments in downtown LA are (without sounding insensitive) are living on borrowed time.