The Federal Reserve monitors these business cycles and interevens when necessary.

They already have the infrastructure. 

I just ordered a data logger so I can monitor the temperature of the 80 gal storage tank - came in the mail today so it'll be fun to see what the actual temperatures are (instead of just feeling the pipe with my hand to see that it's warm)

After that it's monitor, maintain, his robust and disease free trees, and enjoy harvest time.

You must either have an in house collector that you train & monitor or do it yourself.

Core Logic now offers a service to monitor future sales of those properties for compliance.This is a big business.

I also monitored there payments or lack thereof.

The amount of money taken out of the transportation industry FOR ROADS could deliver on repairs, and infrastructure if the money wasn't wasted.

Just wondering are you guys taking down vacant lots in built out communities or buying empty lots and putting in infrastructure?

Hello BP community.I need some help.This is my first post on here, but I’ve been quietly monitoring the forums, reading books, and listening to the BP podcasts for a while now.I’m currently negotiating a deal on a multi-family property, and as this would be my first multi-family, I wanted to get a sanity check and see what the great minds of BP thoughts are on this potential deal.Here’s the info:Property description: 5 unit multi-family with all units currently rented.One unit is on a year lease, and the other 4 are on month to month.There is a sixth unit that has never been finished, but I plan to finish the unit upon purchase.There is currently no laundry on site, but if possible, I would like to add a community laundry as part of the unfinished space in the sixth unit.Additionally, there are 4 garages on the property that are currently rented as storage units.The units are all separately metered (including the 6th unit).The landlord currently pays the heating bill for the entire property because it is using steam heat and boiler.I plan to add electric heaters to each room and get rid of the boiler as this would allow me to transfer the heating cost to the tenants, and they would be able to control their own temperature.My rough estimate (I have not got bids yet) for the rehab of the 6th unit/laundry and adding electric heaters to the units is 25K.Purchase price: currently negotiating (approx 250K)Income:Current Rents:units 1-4: 549/mo.Unit 5: 595/mo = $2791/moGarages: 4 x 70/ mo = $280/moProposed Rental Income = $3,436 (6th unit at $595/mo plus laundry at $50/mo)Expenses:w/s/g = $475/moInsurance= $106/moMaint/repairs = $317/moGas = $180/mo (boiler steam heat cost)Property Management = $274/moProperty Taxes = $184/moVacancy rate is sitting around 1%-2%The going cap rate for the area is 7%-8% After finishing the sixth unit I plan to rent it out for $595/mo.