And M2M or y-year leases? 

@Mike Y.

While we are underwriting for a 10 year hold we will most likely refinance in Y 2-4 in a less volatile, possibly lower rate market.You can buy a cap for floating rate loans, including bridge loans, however they are very expensive at the moment. 

You will learn, okay, they charged X to paint a home that is Y SQFT and now you have 1 data point for painting. 

Y/N.   

This is kind of my introduction on BP as well so hello there ☺ Hi Ray,If it were my (opportunity), and if I wanted to own it, I MIGHT say to Father, and Aunt, "Sell it to me" and I will pay you X per quarter (based on X amount of business) and X+Y based on X+Y amount of business, and X-Z based on X-Z amount of business until it is paid off 100%.Then work hard to pay it off according to schedule in order to own it 100% (realizing there may be fluctuations in the payments due to business fluctuations).I would also talk to a Tax CPA about what kind of tax savings this might be for Father and Aunt, and be able to tell them that part also.I'd also have a deal with them that if they were to become demised before the bill is paid to them in 100%, their portion of the bill is canceled (talk to a Tax CPA about this too re your tax situation).If you buy something like a 7-11 you will be a corporate clone slave who has to do whatever the parent company says.

@Joe SplitrockI’m currently 22 y/o I didn’t get my first rental property yet.

Cam

@Ty Y.

My property didn't suffer a y damaged , although there are some properties that have some damage in the shingles but nothing I would say catastrophic.