Well that one I'd round down and call it 562 even ☺Seriously, 4s and 7s are my favorite. 

So my Upfront/out of pocket cost will be right at $16,000  +  $35,000  needed to repair/renovte it Total cost =  $50,000  ( rounded ) The ARV should come in at  $125,000 So is that  $75,000 worth of Equity in the Property, enough of a reason for them to feel comfortable in lending me the  $35,000  " against " the Property ?

I choose to use $0.08/KWH and $0.15KWH respectively using normal rules for rounding numbers.I agree that individuals may or may not care much about energy costs.

These are just round numbers, don't take it for gospel, I just want to give you talking points for your lawyer.

Can you obtain an equity line of credit on vacant land that has a lease on it for a business to round up hay bales?

We are in the San Elijo neighborhood, just down the round from the university.

Therefore, this would be the first round of Taxation on the money. 

You live in a place people would love to travel year round.

Also, I'm not up to date with Airbnb laws in Las Vegas, but with it being a tourist destination year round and with you being a local, it might be worth it entertain that route.Let me know if I can help out in any other way!

Numbers are rounded for simplicityScenario A neighborhood:  Purchase price, 200k, downpayment 40k, monthy cash flow after ALL expenses $200, annual average appreciation 3%.Scenario C neighborhood: Purchase price, 200k downpayment 40k, monthy cash flow after ALL expenses $400, annual average appreciation 1%After 30 years, assuming NO rent increases,  on Scenario A you would have profited 72k in rent, PLUS own a property free and clear worth 485k.