His belief was to go for small condos (that allow 1-month lease terms) and stay away from SFRs.

@Joshua MartinI know, it was beyond belief to say the least. lolYea, when I said "Full disclosure from the initial contact," I don't necessarily mean the 1st phone conversation.

Now these are the options lets paint a little picture... when it comes to market investing, holding for a long time no matter the risk/reward of the stock, usually equalizes the return because over a longer holding period the ROE usually ends up in the positive.

The 4 points are spread out over the loan, so it doesn't just equal 14% (10% + 4 points).

I have a back ground in construction but seek anew venture with the belief that this is where my life has directed me to be.

Charlottesville is relatively close to DC so all things being equal, it's definitely an option.I'd love to connect with you some time.

There is equal opportunity for Class A properties to draw PITA tenants.

I unfortunately cannot qualify for the loan, so I'm looking for a partner to take on the $250k loan and bring $147k of equity.I'd like to structure the deal so that I have equal ownership interest with my partner, but he / she takes the majority of the cash flow, as he / she will carry the debt and bring almost all of the equity.

That's right, zero.List of super successful people who didnt have a college degreeMark ZuckerbergBill GatesSteve JobsMichael Dellmy granddad (no high school)The richest man in China (no middle school i believe)this one dude i know who everyone said was dumb, but he has 2 successful stores selling used appliances and just bought his wife a new benz suv at the age of 26. hes got more money than any college grad i personally know.And millions moreOne of the biggest things i've learned in life is that having anti-college beliefs is one of the TOP indicators for financial success, and being pro-college is a TOP indicator for financial mediocrity or worse in the future.

This equals that 40% you mentioned.Future assumptions - what do most people put there?