The upside is that my rehabs always produce profits!

For the next 5 months, I can dedicate most of my time towards gaining experience and producing results.

Most of what we are buying are all in for $50k to $80k and are producing net rents of $1,000 to $2,000 a month after all expenses.

It has been my observation that attractive young women don't have much trouble getting jobs.

Usually investors have a target cap rate they're looking for and will make an offer that will achieve that rate IF all of their assumptions to produce NOI are correct. http://en.wikipedia.org/wiki/Capitalization_rateEDIT: 500th post - wooo!!

Despite the poor manners (towards her housemates) and the ignorance displayed by our tenant in her advertisement, she was more a catalyst for the underwriters incorrect judgement, rather than a willful agent of trouble.

I currently own a small web design company and I have decided to get more involved with real estate as well.My long term real estate goal is to buy and hold many properties to produce cash flow for retirement.

@Jon KlausWe researched the markets and consulted several studies produced by large broker firms.Job growth and local government support for job growth are 2 big criteria.Paul

Frankly, that website has red flags to me, some good information, but I also look to the meat of the agendas, techniques and methods and the equity stripping is in far left field, filing false liens, with entities not at arm's length can be trouble, it is not a tool to employ, hit bankruptcy court and you won't be looking at just state laws or assumptions or local politics from the bench.

Trying to drive well may keep you out of trouble, even having to go to court for a fine, you might get a warning for minor infractions.