I haven't heard much about Durham but I do know the Columbus population on a percentage basis is growing at a rapid rate.

If it were you, would you think paying a certain percentage on the money lent (like how hard money loans are structured) would be smarter for both parties for the event where a flip goes really well and our money partner make a bunch, or, where a flip doesn’t do as well and he doesn’t make much.

My partner and I wouldn't touch that $50k, and they keep 100% of that, however after our investment, we then get a percentage of everything they get starting at $50,001..

@Travis AndresI use this equation to back into my maximum allowable offer (MAO)ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO

@Dav Pohote reiterating some of the points here but one note to add is commercial property exit financing is different than DSCR 1-4s. 6 month title Seasoning is low as most lenders require 12 month stabilization for best rates, occupancy percentages of 90+, to name a few.

The other good thing about PMs when it comes to LTRs instead of STRs, is they take less of a percentage from the profits since it's much easier for them to manage. 

- Insurance: what would be a reasonable amount or percentage for me to consider when doing the number?

I have always thought of the 1% rule of an initial purchase goal but to up the percentage through time.

What percentage would you say for the HELOC?

I've honed down to select areas with 1 Year CES Job Change Percentage >2%...  1.