@Melinda VaughnHello, I’m in a situation where I have an opportunity to rent my property to an operator.

If you’re looking to invest long distance, I definitely recommend building your core-4 team.

You will have a difficult time operating the properties and will most likely fail to sell the property for anywhere close to the appraisal that was relied upon for the refinance.

Network and you'll find people who want to invest in multifamily in greater Atlanta -- they just don't have time to find them or the capability to operate them. 

I would do your research on what market you want to invest in and build your CORE 4 from there.

All in cost ~750k, revenue possible at 90% SS and 60% parking roughly 175, operating expenses on the conservative side of 50k leaves 125 for P&I and profit.

With its unique Tex-Mex menu and brand appeal, Chuy’s has already established itself as the leading full-service Mexican chain, providing Darden a foothold in the rapidly growing Mexican cuisine sector.As the company looks to expand Chuy’s, it faces challenges in competing with local operators and navigating consumer preferences.

Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.

That is a very dishonest way to operate your business, and will get you a bad reputation and lose you money.

This is compared against our own internal historical performance with similar properties in the same/similar markets in which we operate.