I'd love to get in on those Billy, but that location commands quite the premium.

Decent houses can't command enough rent to justify the prices.

And 36 Other Key Financial Measures http://amzn.to/Zv0Zph Frank and I don’t agree on everything but this book is the bible as far as I’m concerned.Frank also has another book called '10 Commandments for Real Estate Investors' that I reread every other month or so as a reminder: http://amzn.to/15ikXL0Ken McElroy has two great books on apartment investments and one on property management: The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Misshttp://amzn.to/HdXVf1The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Dealshttp://amzn.to/1bcWx50The ABC's of Property Management: What You Need to Know to Maximize Your Money Nowhttp://amzn.to/1d518JKPeople often mention Dave Lindahl’s books but I think Ken’s are better, one reason being that Ken is out there doing it and was dragged into the guru thing by Kiyosaki while Dave is mostly a guru who was mentored by Ron LeGrand, one of the old school gurus (who I worked for back in the day).Also If you haven’t seen Ken's BP interview on Podcast 052: Buying Apartment Complexes, etc. here: http://www.biggerpockets.com/renewsblog/2014/01/09/bp-podcast-052-raising-millions-ken-mcelroy-rich-dad/Because running an apartment is as much of a business as it is a piece of real estate I typically recommend The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E.

I was required to be within 30 minutes without special permission from the Battalion Commander

I've negotiated some and the last counter was a sale price of $515,000; with 20% down ($103,000), and seller carry financing at 5% interest rate amortized over 30 years with a balloon at 5 years.The potential with the property: the rents are 40% below market, the office space could be turned into residential and command steadier rents at about 30% more - that would cost about $150,000.

Premium properties in submarkets like Santa Monica/Westside and Culver City continue to command the highest rents, often exceeding $45 per square foot.Competitive Inventory, Employment, AbsorptionTotal retail inventory in Los Angeles held steady at 69,464,000 square feet in Q1 2024.

I want all my units to be updated and commanding market rents or higher.

It sounds like with the repairs needed the home could command a solid rent. 

Can you show me that your pet will mind you when you give it verbal commands?

Some people stick to the goals like they are 10 commandments.