., funding, management, deal sourcing) based on strengths.Bylaws to Include: Cover profit/loss splits, decision-making processes, buyout clauses, and what happens if the partnership ends.

It's good practice in making the calculations needed to decide whether or not to pull the trigger on a potential deal.You soon learn that starting off as a Doctor is less advantageous than starting off as a Janitor, because the game presets your income and expenses based on the job title.

The lender lent based on them being one thing which secures the debt.

I  took over a mature company that had an investor base that I think average age had to be 65 to 70..

So it became a long-term action of repeating that cycle to achieve decent LT tenancy base. 

Your advice about understanding the underlying accounting and how the numbers are generated is an excellent point—I can see how that would help me identify any gaps or inaccuracies in the financials.I also really appreciate the insight on how T-12s differ based on the number of units.

I chose the cabin based on comps from the last 6 months in my area. 

Saw you were based out of Riverside - are you thinking of wholesaling there?

I have one of my major partners based in the Smokies and we love seeing this!  

All my rentals are never less then 15 - 20% net based on cash purchase.