One thing to keep in the front of the pages, is to remember that the equity will have an APR, depending on the property you are aiming.

(I can't remember exactly to be honest, but we charge about what it costs us to run the background check.)I would definitely recommend doing that.

Also remember even with a high amount of financing, the lender will want to see you have reserves to cover the project in case it goes over budget. 

Remember, you always fix whats wrong before you fix whats ugly.

Hey Mike,Just remember that there are multiple aspects to consider when using an LLC for real estate investing: tax, funding, and legal.LLCs can be set up as disregarded entities for tax purposes, providing shelter from liability legally.

If I remember correctly, Florida homestead protects personal residences against unsecured creditors like this, so it's probably unreachable - especially if there's also a mortgage.

Remember Worcester is neighborhood by neighborhood so you can help the appraiser a bit. 

Sounds like a business opportunity,  once you learn Yardi, remember this, and you can have a side business teaching it.

Remember the higher the cap rate, the higher the cash flow, means the higher the risk.

However, it's important to remember this trend started in the not too distant past, and for a very long time before that the norm was separate rooms, so it's not surprising that there are actually considerable disadvantages of open floorplans and advantages of more traditional ones.Opening the kitchen to the rest of the house has to be one of the worst aspects of this trend.