Basically dollar cost averaging. 

It was a great crash course on the basics of a RAL business from location, staffing, patient selection, and branding.

My knowledge and subsequent track record has been one of basically following the wagon of friends and family(which as you can imagine has turned out to be a disaster). 

Originally posted by @Arsen Atanasovski:I’m a realtor, you don’t need one for a off market deal, main point if you agree to the numbers take all your paperwork to your local title company and they will do the rest, if you want to pay someone 3% like me go right ahead in the end, title calls your agent on any missing docs so basically nothing I might get a lot of negativity on this post but your buying as an investor and realtors really most of them don’t even know what an investor is, they are a realtor for the end user and make fat commissions on primary properties. 

There is a gamble there that the second appraisal comes in at or below the first.

You would basically offer the same set up utilities but you would have a residual income monthly by renting the plot to the owners of the space. 

The PM was basically being rude and said “well you shouldn’t have broken the furnace anyway.”

I'm interested in this property basically for the upswing I think is coming.

@Mark FergusonI'm not disagreeing with you really at  all.I'm not talking about teaching a segment of real estate, but the entire spectrum of the basics of real estate which is pretty much what you had to study to become a licensee.

The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.