I literally have a list of "players" and their functions.

Steve - as for the need to replace, two of them are completely non-functional, and I've had to put in window units to get by for the last couple of months.

Jeffrey Mark - type in some terms regarding your question in the search function.

For example a renter might put up with an older but functional kitchen and bath but a new homebuyer will not unless the price is really cheap.Hope it helps.

Or standard Excel functions?

The reason being that money isn't really invested in the deal, I understand you want it in place for a safety net but that isn't a function of the cash invested.So the numbers I come up with are:Ask Price $64,600.00 Loan $51,680.00 Down20% $12,920.00 Closing6% $3,100.80 (I use 3% but I'll go with this for you) Touch Ups2% $1,292.00Property Type 3 Rent / Unit 483.00 (Based on reported annual gross) PI 285.38 (I used 5.25%)Expenses 50% 724.50 Total Expenses 1009.88 Monthly Gross $1,449.00 Annual Gross $17,388.00Monthly cash flow $439.12Annual cash flow $5269.45Recover Funds $18088 41.2MonthsCOC=29.1% There may be an error or two from as I copied it over from my "quick and dirty" spreadsheet, but all in all I think you get the picture that this is a pretty decent buy.

You both agreed to go into business together and make money, this loan sounds like a function of that money.

Various aspects of social, economic, political and municpal management are considered in planning.Redevelopment is generally looking at economically deprived, less functional areas, identifying properties that are not utilized at their highest and best use.

For some reason, the "Edit" Functionality for my above post was not working so

Its a great niche market that serves a needed function.