If you pay attention to basic investing fundamentals, then whether you are buying higher or lower end properties, you should be able to achieve your objectives.

60% would be a long term goal, something I think could be achieved if marketed properly.Short term, if we had the house set up properly, any bookings at all would be a positive.

After Ifinished typing my post above the other night, I found myself logically going toward option 2 more, since it seemed cleanest, and it allowed for a complete separation of the assets consumed by each tenant, in order to track the depreciation independently of one another.At this point, I know I can make the final depreciation amountscome out the way I want them to, however what I was confused about is, what is the most acceptable practice in the industry for achieving that?

So to achieve this while developing a fluent wholesaling business.

and requires principal intervention via MM inventory to achieve regulatory requiremets for market stabilization, etc.

I feel 15 open houses is achievable, and hopefully I will be able to get to 20.My postcards last week resulted in zero calls.

Do you feel you achieved your goals?

Some states have mandated renewable portfolio standards and have enacted SREC programs which can help end users achieve a quicker payback on their systems ( these can and will fluctuate ).

i agree with james. save as much money as possible, get your scores up, and put a down payment to get you the best rate that will give you the most cash flow. by saying "As much money as possible", i mean cut tv, cut eating out, cut texting if you have to in order to achieve your goal. if you are determined, nothing will stop you.i'd go with hard money route once you have done a few and are out of cash funds to get your next one.

The buyer I have has been doing this since 1992.They have about 300 properties over multiple states currently.They have websites and from my research they house disabled veterans making a transition back into life from war or getting on their feet again.They do not allow drugs or alcohol and the typical period of the stay is 2 to 24 months at a time.Apparently this buyer can offer me more renting out per room to the veteran then what I currently get which is 850 a unit.Since he can achieve higher rents per room I get a great profit as his NOI is much higher even paying me a higher price.I will let you know how it goes.They are work with veterans and no other groups of disabled people or boarding etc.Mentioned something to me about they would have to repair the units to VA standards and then they receive money.