It's easy to get emotionally attached to a deal and stretch the actual numbers to get the return you are looking for.

It is up to you how far you want to stretch these things.

I've had clients sign 99 year leases to another LLC etc but that's a stretch at best.

If you were to go to a car race to run your car and they said no Corvettes and you wanted to race yours; do you think if you took the body off and put a stretched fiberglass Porsche body on it that you should be allowed to run it?

I ran a rental analysis using the tool on bigger pockets with Vacancy and  repairs at 5%, Property management  and Cap ex at 10% (which is a stretch considering the age of the property) and its stands to cash flow $312.00 a month with owner paying the water, sewer, and lawn care (which I added into my analysis) .

You are being results oriented, your example is a single property, and you are stretching your logic to justify giving money away."

Capital is still historically cheap and you'll want that "cheap" money stretched out over 30 years.  

This is because in Dallas, Austin, San Antonio and other attractive markets the trend line on the cycle is up and to the right, so the next bottom will not be higher that the last bottom, etc...Every cycle has a peak and whether or not the cycle will be more stretched out, I'm confident Dallas has passed it around late 2015/early 2016.  

I have to agree, every member of the team is really important.I do feel the most important person is a real estate agent that is willing and able to work with you as an investor.It takes a different kind of skill set to deal with investors.Most agents are used to selling based on getting the client emotionally attached to a property and are willing to stretch and compromise.Investors care about the numbers, location, how it fits in their portfolio, how quick they can view, etc...Plus investors are on the hunt for deals, so it is sort of an open relationship.Michael P Currie

Right, wrong, or indifferent - it drove up cost and stretched out the completion date.