I had good grades all through school and some college but I did drop out of college after reading books like crazy and learned more of what I felt was important to my future.

Not to say that future profits are not welcome.

It is from having it established correctly and operating correctly so if there is a legal challenge in the future the LLC passes the test.If you think you have assets as risk and want an LLC then handling it wrong is not really much better.

Even if there was this is a forward looking deal so hard to say what the future trends would be.Like any RE deal future appreciation is only 1 factor.

If not would it be reasonable to expect enhancements in the future that might provide a similar set of capabilities?

Josh,I am not doing central air in any future units, except my very best SFHs.

I don't think you need to worry about a shortage of good deals in the future.

What would it cost to get from the present state to the future state?

Something like a rehab loan that would based upon future value and would cover the purchase, fix up, costs, and sometimes payments.

So let me just expand for the BENEFIT OF FUTURE READERS and other newbies who think having a "mentor" is the be all and end all to becoming an investor.Why would you agree to a purchase price of $198K in a neighborhood of $90K to $145K houses?