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.

I also used regular yellow copy paper (no lines) after the legal pad style paper kept jamming.

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!!

A little higher than regular places by a few bucks but not crazy like in the stadium.

For regular rental most people are planning a month or more ahead.

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

to talk with about your questions.I had an owner-occupied duplex (over/under, shared utilities, etc) and just had regular homeowners insurance.

I use them regularly and highly recommend them.

Dropbox is a great file sharing service, but if you are producing "living documents" that are being regularly updated and shared then it's not so good.