If you're going to 5 auctions/month, that's fewer than 1 deal per auction per month to achieve your goal.That makes perfect sense...and seems very reasonable (though still pretty amazing in terms of total scale)...Thanks, Bryan!

thanks for the tips guys...i'm thinking about lightly sanding the affected areas and then painting to match the red brick...i'm sure it won't be a perfect match, but it'll be a lot less distracting than white

Albeit to a lesser extent, it reminds me of Waltham: for a long time a rough and dirty city positioned perfectly and surrounded by Boston Brahmin towns.Yet...property values are still low, rents are low, and it still has a reputation for being a rough now-city to live in.

Well that is a perfect reason why people need to understand the laws before they get in trouble

One of my pet peeves is the guys who start out trying to sell as service on something they haven't perfected.

So yes, you have equity in the land and that is perfect, but you need to know what the final value will be to determine what your final ARV will be?

Often times the to do lists for the contractor is in the 40-80 item range, and even with a good PM its impossible to monitor everything perfectly, and I have caught some items here or there that were either not done at all or half assed.   

The cost of the repairs is one thing but the time value of the money lost due to a year of vacancy is a sunk cost he will never get back.Another perfect example of why you never let the tenants do any work for compensation.

Our basement would be perfect as a unit, but the only access to it is inside the house.

I wouldn't argue with anyone who said it was the ONLY worthwhile medium to advertise them on, to be perfectly honest.