In theory, they did an inspection in June 2016 but none of the broken windows, crayon drawings on the walls, torn up carpet was noted.  

I guess my concern is this: Is this investment going to give me the most cash flow, or can I acquire a different property, and get more bang for my buck.  

@Royce Talbo If someone you do not give the apartment to makes more money, has a higher credit score and you did not give them the apartment..good luck defending your self in court.I decided I didn't want to be the one that let David S. know that his max. occupancy limit theory is the kind of thing that tenant advocacy groups love to go after.

Bang on.

They are willing to wave all contingencies, so in theory the EMD should be mine if they fail to close.

Closing instructions would be given that seller is to pay my option fee from the excess amount the seller receives.Sounded good in theory, but I can't say if it would fly with the bank.Unfortunately this buyer decided not to proceed, so we didn't get to test it out.

Valuations are usually 3 to 5 times net profits, not based on revenue.You could, in theory, assign it to someone else, but restaurants are hard to sell.

Scholarships will help alot in paying for college and some of them will even pay for your housing so in theory you might be able to use those scholarships help with your investing career as well.

@Joseph Garner I find that the 50% rule is very accurate it says Expenses are 50% of income.I use it on my 12 unit to build reserves and make projections-it is bang on.

In theory, a portfolio/commercial loan could go up to 80% on the LTV.