You split the monthly proceeds assuming there are monthly proceeds, and upon exit in 3 years, you split the profit from the deal, again assuming there is any and everyone is evened up at that time.If you were pitching me on this, I would say no because you assume no risk. 

So the $108K loan will cost you 5 pts. or $5,400 to pay it off in the first 12 months.

Is she month to month?

Were they all completed within the same 12-month period, or did it take longer?

Purchase price: $140,000 Cash invested: $22,000 Sale price: $180,000 Moratorium expired a few months before closing and I inherited 2 tenants couldn’t get into the property for 3 months!

Quote from @Brad Roche: The other thing that is great for the FHA 203K loan (not sure about the Homestyle loan) is that you can kick the payments out to 6 months of ownership (so close today and make your first payment July 12th 2025) if you are fixing up the home.

:I had a consultation with Andersons a month ago... his youtube videos are great and a lot of good information... but they have packages... and are VERY VERY expensive... for the same setup as other companies for a lot less.I contacted Royal Legal Solutions as well... packages as well and expensive.I also contacted the Small Business office in Kansas and a couple of local lawyers.So far Mark J K has been the best consultation and fees as very down to earth... but will confirm tomorrow :) 

Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!

After six months of STR performance, transition to a DSCR loan or portfolio lender refi for better terms.2. 

If you're not worried about current income but rather monthly cash flow, I'd recommend a 1-4 MF property.