Quote from @Adam Jones: Hello Bigger Pockets world,I am new here but been investing in RE for a few years now. 

Thanks in advance-LukeThe way I calculate cash on cash is It cost me X dollars out of my pocket to buy the property and after the first year I had Y dollars flowing back into my pocket.

The upstairs is approved for short-term and long-term rentals and has a kitchen, bathroom, and a Victorian room that could be a bedroom.Notes:-There are three vaults, one on each floor.

Welcome to Bigger Pockets James.   

Tell her that three people have come by to look at the heating and it is fine. 

I believe that within three years, rates will be much lower, and you can refinance.Another consideration is that once you get a property under contract, you should immediately shop around for better rates.

So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?

There is a story to every pocket of every neighborhood that locals will know, but you may not, if investing out of state or in a market you don't know.

Welcome to Bigger Pockets Lumiere!

There are three safe harbors that businesses may use to meet the test.Half of the amount the business spent on services were for services performed in a QOZ.Necessary business functions and necessary tangible property was located in a QOZ.Half of the hours of service received by the business were performed in a QOZ.A business does not need to meet all three safe harbors to qualify.