A mistake early in the process will manifest itself later.  

If I calculate the management fee at 0%, my CoC would be 13%.I'm not thinking this is a good deal anymore but I really need some guidance as this is my first investment property and I don't want to make a costly mistake. 

There are a lot of lakes around DFW.Start small and make your Big mistakes early. 

Throughout my years, I’ve learned plenty from mistakes, like underestimating the importance of solid agreements with buyers.

People make the mistake of thinking that every property not listed is a deal, but that isn't what we've found.

By watching these videos I've recently learned I already made my first mistake by buying the wrong property for our 2nd home, lol.

The BOC even includes protection for minor record keeping mistakes that trial lawyers try to use to pierce corporation protection.

If I´m not mistaking if you sell you´d get more money out than you would with a cash out refi.So if you want cashflow, notes pay monthly.

The recent NFL Draft, hosted by Detroit, brought in over 300,000 visitors who's attitudes about Detroit did a 180.Detroit also beat out Miami last year for the city with the highest appreciation rate in the US.It's not all unicorns & rainbows though, as there are still many areas of the city investors should avoid, which scammers keep trying to sell to naive OOS investors.PM us if you'd like to know more about how we've assisted hundreds of investors make logical investment choices in Detroit and avoid portfolio crushing mistakes:)

@Rich Emery if you're not EXTREMELY organized, you'll spend every day with your "hair on fire", making critical mistakes that cost your clients - and you'll get burnt out.Don't forget to research the licensing requirements of PMCs.