The DST takes care of everything so there is no more property management to worry about. 

I only hold any property for no more than 5 years anyway, with the idea that the equity has at least doubled, and I can turn it back into a 5 times value. 

We want to be all in ourselves as sponsors for 10percent no more.  

(Probably should have made that the title... but it won't let me now lol Hope you enjoyed the story)I need somewhere to live temporarily while I work on my deal and perform and repairs needed to make the space habitable, hopefully no more than 2 months, but my first idea was renting an RV and just basically vacationing with my dogs during the process, it would be fun, but very cold and me + 3 large dogs might get cramped for that long. 

No more CITI or Chase talk!

I'm looking at various HML's trying to find one who best fit my needs and I'm looking for quick, cosmetic fixes that cost no more than $150k to buy and no more than $15k to fix up that'll have an arv in the $185-$200k range. 

Hello Donovan,For a SFR, I use the formulaPurchase price = 0.75 * ARV - Rehab CostsIn your case, for this to be a complete BRRRR, you would need to purchase the property for no more than $247,750.

The joke was on him though I was almost broke and just made out my credit cards to pay for a new washer and dryer I had to replace due to his negligence.I can’t say I have not become slightly emotional on a collection call from time to time when I see new cars, new furniture, satellite TV, and no rent payments but… I’m not a perfect person.Alas, in the end RE has been good to me and I’m not about to break my moral code because someone else has no moral code.

I would recommend keeping it local, certainly no more than an hour from your personal residence.  

I would recommend borrowing no more than 70% of the value of the property.