Many developers get hit with subsurface surprises, delays, and budget overruns, even after site surveys.

I’m a family man also with a couple teenage kids,, I feel if I can get more properties now, it’ll help my kids to own & live in one of those properties that they wouldn’t be able to afford 1,2,3, or 4 decades from now when I am gone..

What I am getting at is, that tenants are often late, and you will have to become accustomed to working with tenants.

The path is clear, step 1 is GET INFORMED. 

Have them use a loan servicer so you don't get into future disputes on the balance, plus then the servicer can handle the escrows.

You get 75% of that in a loan - 221k. 

I would like to get in touch with lenders in the SC market for purchasing and refi transaction.Contact me for details.Thanks

If the numbers don't work now, and they don't work in the future, better to get rid of it now. 

@Sam Kahl this is so awesome, I'm going to start looking some more at how to apply the formulas and start getting some of that muscle memory

These are the key to getting a loan.