After tax cash flow isn't really meaningful for comparing deals, since your personal tax situation has a large effect.

One would assume that if Rich wanted to extract cash out of this project, he could do so by using leverage now.

If you want to extract $100/unit/month from that $1440 you're left with only $640 a month for the payment, which gives a value of $88K with those numbers.

As far as I can tell, the government is bundling investors up with the rest of "the richest Americans" and their only interest in Investors is how to extract every single penny from their pockets to pay for programs for the "deserving" poor.

With 20, you have enough data to be meaningful, so I'd think you could simply double what you do now and assume that's pretty representative of what it takes to do 40.

On the other hand, a guy who runs a law-firm that has other lawyers who are generating $3M per year in income could probably extract himself from the business, and the business would still have value without him around.

Dispite what the nothing down gurus say, trying to extract a profit from a transaction with no money invested takes alot of knowledge and experience.

Make your reasons meaningful enough, so that you have no other choice, and you will. -- Ralph MarstonRead more: http://greatday.com/#ixzz0jlBdlXp4

He reads a lot and is well-connected and so he sometimes says meaningful stuff based on what he has heard from others.

Charles I don't have much to share at this point but am looking forward to learning as much as I can and also to someday be able to contribute in a meaningful way to this site.