That would also be a CoC of like 9.3% if we upped your cash to more like $58K by doubling your closing cost estimate.So as you can see we can all just play around with numbers all night

He provides some really good insights on how important presentation is and how easily it can turn a bad situation into a win/win.Let us know how this plays out!

If so, where does the bankruptcy part come into play?

This is not an uncommon occurrence.Great discussion and I'd like to play a little devil's advocate.

It takes money to play this game, but the money doesn't have to (and likely shouldn't) be yours.  

Intelligent, yes, more than most.GJ, good for you, I agree, actually you and I may not be as far apart as you think, I'm more open minded, probably more accepting of other's views but that doesn't mean the some of the core views are far apart, I'm just not extreme.I find it odd that someone would play such games on the internet and be found on a ministry site.

Besides the insurance requirement, just because the garage would be off limits doesn't mean that kids wont play nearby ignoring your rules and get injured.

Here I was trying to make a very important decision, nervous about learning a new investment and I was watching women in bikinis play beer pong and walked in on a guy going #2 in the toilet.

Is a property owner obligated to provide at least one parking space to every tenant in this type of multi-family setup, given that there actually are enough spaces for each unit, or is he able to play favorites and provide two or even three spaces to one unit when there exist enough to cover each individual unit?

Educated playing will make you money, but you WILL sometimes lose, and you have to have a wallet big enough to survive those times.