Now obviously this is a no brainer, it is family, and I would do another 1st lien heloc on it so the NOI could be more. 

I see red flags but would want more info to give a yes or a no. 

Which in my eyes it’s a no brainer.

Sometime paying a little for something like property management is a no brainer.

You won't have any issues getting the contract sold if the deal is a no brainer.

Google "IRS EIN" for the link or go to https://sa.www4.irs.gov/modiein/individual/index.jsp (current link today) Remember that every year you have to file a "no tax due" or your account becomes in bad standing (that happened to me once when I forgot).

#3 is a no.

Purchase price: $220,000 Contributors: Adam Polokoff, Christopher Mannella, Blake Massey, Stone Bettersworth, Mitchell Kramer, Clay Corley Property Sold to one of my investors that found this deal a no brainer Expected Numbers BelowPP: $220,000Rehab: $36,000Expected ARV:$280,000Property is Currently Pending for $330K 7 DOM What made you interested in investing in this type of deal?

Seems like a no brainer to keep it and do a cashout refi right now while rates are low.

To say a no kids and no pets business model won't work is absurd.Slot machines are nothing more than adult arcades and the hotel rooms are in most cases nothing more than glorified studio apartments.