This was not a cheap endeavor, but it fit with my management business and I can hire my crews with equipment out to other property owners/landlords to help recover my investment.DE can work, but it takes time to work and requires them to come into contact with it to do any good.

So what you get should fit with what that market in general is seeing.

Once you do then you can analyze each property and see if it fits your criteria.

Does $42k per unit fit that average or are you overpaying for the area?

You need to make sure it fits your needs and area.

I know there are lots of discussions on this topic but I haven't found one that completely fits our situation.My brother and I are looking into forming an LLC to fix and flip with the plan to buy and hold once we build more capital.

The key is see what type of deals they are looking to finance and then (assuming they still fall within your investing parameters) going out and finding them if you don't presently own anything that fits what they are looking for.

Now if you are already in 40s, 50s you can forget about 401k and leverage heavy into RE as you will only have 10-20yrs to get real cashflow.Everythings a balance and your plan should fit your needs.

If your exit is to wholesale, I'd make sure these homes fit your buyer(s) criteria before you even go forward.

They proudly proclaimed they had found the perfect apartment and what a great fit it was.