Don't skip any of the above figures to make your numbers look better or you'll just  get burned when you think too optimistically. you WILL need those contingencies like capex roof replacement and being able to afford a PM because no one wants to be forced to manage your own rentals forever because they forgot to budget for that expense.

I look at so many deals with my day Job, and I am ready to turn my burning desire into a reality.... 

@Sulaiman ShahIf you have money to burn you can mail to both to slightly increase the odds of them opening it.

If you are a developer that has 10 projects and you make millions each time on 7 of them but the other 3 fail upfront and you lost hundreds of thousands per deal likely still making great return overall.If you are smaller developer with 1 or 2 projects that can really eat into your net worth burning upfront cash on a project seeing if it will take off or not.You could 1031 as mentioned and just buy something yourself.

Also, she threaten to put cement down the drains and to burn the place down.

Usually pay under $200 on sale and replace when they burn out.

I got burned!

My ears are burning... 

The excess inventory will burn off slowly and we will have 96% occupancy rates again in the near future.

My current business was basically a home run, but I burned through money in failed endeavors before and a failed marriage before, so my "family credit score" is in the rebuilding phase, haha.