Rest of columns from E-AT are incomplete.

There's a cost converting to, and another cost converting from.I would suggest that if there's a large enough capital expense to set it up, but it doesn't quite work out the way you hoped, just keep it anyway and eat the costs.

As for your saved up cash: I wouldn't put all eggs in one basket, as this article points out: https://www.biggerpockets.com/blogs/10850/76519-do...Aside from diversification, there are various potential passive investing strategies and some have already been suggested by the folks here.

Again, I'm a newbie, and I may eat my words in a couple of months after not having done any deals - we will find out together soon, I suppose :) Thank you for your input!

I am evaluating some of my first potential buys, but I could use some guidance to determine when a property is not a good deal because of the parameters of the property or when it is not a good deal because I am expecting to have my cake and eat it too. 

This is the place for long-term goals & Arlington is ripe for a nice retirement nest egg to cash out on later in life.

The only thing that changes is the owner of the LLC.If your seller want to sell you a dozen eggs, but you only want 12...don't argue. 

Well, as we get closer to the $300/mo cash flow and below - I have a really hard time trusting that my assumptions aren't going to 'eat me up'. 

Charge the tenant that price and eat the rest. 

@Alan E. At