Hi Ryan, The reason you are seeing the majority of buildings at 100+ units is because it is very difficult to make the numbers work with smaller scale projects.  

I had approximated the remaining useful life of each major house system and the approximated next replacement date and backed into a $423/month reserve for both units ($211/unit).

The property is next to a Walmart and a Home Depot on a major highway.

It sits down the hillside of the street address..... and the driveway is the major hiccup in this listing (again, in my humble opinion).It's at the point where there have been close to a 100 showings on this house since it was listed almost a year ago and we've been in contract twice (to have financial issues crop up on the buyer's end) and lots of positive feedback... except for the driveway.  

Houston is the most dependent of the major cities on oil and Austin the least.

I also do the majority of my own work, so there's a couple of us out there, swinging our hammers.

In a few months I'm going to take the dive into full time investing  as I have been saving capital for some time to make this major transition. 

In a few months I'm going to take the dive into full time investing  as I have been saving capital for some time to make this major transition. 

I recently completed my first major REI (buy and hold) rehab and thought I would share my experience; mishaps, disasters and all, with everyone.

There is no major issue.