This is a great tip and I'll explain why!!!

Paul Timmins, thank you for the great tips.

However, I'm not sure what you are talking about :) Peter Conti is an author, I've read a couple of his books, but I don't think I've ever seen him here on BiggerPockets.For tips on what BiggerPockets is and how to use it, check out the BiggerPockets Start Here page!

Being from NYC, I had an expectation that nobody locally would ever be willing to speak openly and share tips and info with me on REI.

Another tip..Always check to see if the house is on these sites before going to look @ or put a bid on.http://www.homepath.comhttp://www.homesteps.comhttps://www.hudhomestore.comAs for the 125%, it sounds like he/she is mincing the 90-day flip rule with other misinfo.

Thanks Ali and Paul for the warm welcome, as well as the tips.

Thanks for the tip James!

Please if you have any tips or knowledge you would like to share i would greatly appreciate it, and ill will try to share my own limited knowledge when applicable.

Thanks Matt for the improvements and tips re business plan and Exc Summary.Thanks alot Justin for posting your business plan.

At any rate I never liked that as well, but I did bide my time and kept an eyeful watch on them.Let me give you a tip that most landlords don't know.