Hey @Josh Ball, so unique for unique's sake could be hit or miss.

I missed the part where the rentals will be in Indiana.

Is there something else that I'm missing?

A double-entry system (like QuickBooks) allows you to reconcile your bank statements, ensuring no missing or duplicate transactions.

If they fail to pay the new full amount send a pay or quit for the missing amount with late fees.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All, Please help me analyze this BRRRR deal and figuring out what's missing here.What are the holding costs based on?

This is a lesson learned for me - I know to look for "missing" rooms for this now but I do feel that there was responsibility on your part as well.

Let me know if you’d like help running specific numbers or refining your negotiation strategy.AI answers can be helpful sometimes, but they miss some really important concepts.

I am guessing they probably raised $15-25M from investors for the deal, so while the bank would still be covered investors would appear to collect maybe 10-20 cents on the dollar if they were to liquidate.if that's the case then I don't see buying one year really does anything unless I am missing something ? 

Curious what you think I missed on Michael