Why would anyone pay 20% of a deals value just to get the green light for a project?  

A QCD is a light-weight way to change ownership without doing a full title investigation.  

Hi Jonathan,At a quick glance the expenses look a bit light (currently shows about 38%, where a quick rule of thumb is 50%).

I'm thinking something dark because the counter tops are light. 

@Tyler HuntingtonI will assume your pro-forma on the expenses is accurate, and there are no common areas where you might need to pay for electric to a light or two; tenants pay for water, sewer, trash, etc.My suggestion is to look hard at your acquisition costs.  

I also think your annual insurance of $700 is light for the price.  

My credit score is in the 780s.Because of my loss of W-2 income, I doubt my self-employment income from my 2014 and 2015 tax returns will paint me in a good light (since it was side work, I think my 2014 tax returns says gross was about $10k for the year). 

Our portfolio grew from 2 to 12.At this point, I started to see the light (for me) and decided to sell our properties in Denver.

It was not until recently (read: last week) that the light bulb went off in my head as I listened to random BP podcasts on my way to/from work. 

Sounds like we are close to the light at the end of the tunnel!