Enhancing the property's curb appeal and ensuring well-organized financial records contribute to a successful sale.

I believe that I can help support this vision through bringing attainable and affordable housing to rural areas and help with fill the services gap by what Nancy calls “social capital” rather than financial capital.

Financial objective- 100% to 400% cash on cash or don’t do it.  

Don’t out more leverage on another asset since we are talking REI.  

Stanley - I would suggest that you go have 3-5 conversations with lenders and understand how much they are willing to lend to you given your financial situation.

Make sure whoever you put in there is financially responsible and I'd do a 6 month or month to month explaining in summer rates will increase.Keep us posted. 

It’s great that you’re bringing your property management experience into real estate—your knowledge will be a huge asset.

If my husband and I were to start over again we would buy higher quality assets and not be focused on immediate cash flow and unit count like we were when we started this after exiting a fairly decent sized small business.

Your best approach is to assume the loan in your personal name and explore legal and financial strategies to integrate your entity afterward.Feel free to reach out with further questions—I’d be happy to help!

You will be able to find a co-op apartment that allows rentals but whether you'd be able to close on it is another question.Co-ops with poor financials will have trouble selling units to borrowers using a mortgage.