Is it just a security measure in the event that he doesn't pay me back, so I can claim the property without having put 100% of its value down?

It was not an easy one, since we are in CA and the property is in OH, but we made it through and are looking to take on our next project.Bought: $79,900Initial budget: $65,000Real budget: $97,000 (mismanaged project by initial contractor (and second contractor))ARV: $219,900Improvements:Brand new siding on the second floor (was not in the initial budget)New roof (was not in the initial budget)Sealed and painted the basement - was quite creepy down there beforeOpened the floor plan from the living to the kitchen by widening an existing walkwayMoved the kitchen from one side of the house to the other to capitalize on the stained glass windowsGutted the upstairs bathroom and added really good looking featuresAdded a half bathroom and laundry room downstairs by the entry to the backyardNew ACNew plumbingNew electricOur contractor performed extremely poorly on this job, and I am happy to share a cautious word with anyone who aims to invest in Cincinnati about the team at Kaiker Development and Creative Customs Carpentry.

Save that text message or email to the previous tenant, especially if they acknowledge they received the message.I would also take a precautionary measure to photograph where the vehicle is located and photograph the condition it is in prior to the tow.

I think once you have some very specific and measurable short and long term goals your answer will come!

Are fellow syndicators aiming to achieve this as an average over the life of the deal or from day one of the deal?

Hi Cathey,Whether you like this deal depends a lot on what you are aiming for.

Counterpoint to the scope of work...It should be clear and measurable, but don't get into the weeds on details about how to do the job.

Then the retire older and more experienced Police Officers, then Teachers.So, you would expect more burned out vacant buildings, increase in crime and decrease in the quality of schools in neighborhoods that cannot make corrective measures.

Aim high right?

However, I think a potentially serious logic error make be in the Wholesaling Calculator (which is needed and should be maintained).For example a rental wholesale can be measure by any one of the following:- Cash-on-Cash (cash purchase)- Cash-on-Cash (loan purchase)  **note: I have not figured out a logical approach to this one yet- Cap Rate-with-Purchase (NOI, 50%-Rule for expenses, and market rent [cash purchase])- Cap Rate-with-Loan (NOI, 50%-Rule for expenses, market rent, Cap Rate, and debt coverage [leveraged purchase])I have a rudely designed spreadsheet to do all three (3).