Now his original property is less cash flow, and is his 2nd is likely negative $500/mo.

That way, you can or choose not, to make a change to the original note.  

@Treza Edwards  your original question may answer itself when you say there is not much new construction going on. 

Its just hard and if there is any softening of the market.For the original investor:1.

Originally posted by @Anton Ivanov:@Brandon SturgillSure, I'll send you a pm.

Agree that we should not be spending a lot on renovations or repairs, but almost everything needed replacements/updates after we turned over the original tenants.

Per my original post, "The Pitch".

For this deal to work under those conditions, the purchase price would need to be closer to $179k.With your original assumptions 249k, the deal is marginally acceptable but not great, given the negative cash flow in the early years.

It's rarely fully transparent to the seller and never to the original lender.

I was from CT and Boston originally.