@Dan Stelmach You can reduce your capital gains by writing off expenses like the $25K in improvements, closing costs, legal fees, and real estate commissions.

This gives him a chunk of money upfront to do with as he sees fit, ensures he gets steady income (with interest), and reduces his tax burden.

You ask them their challenge and there is typically an option that reduces the challenge.  

I'm so much happier now, earning more income and tax benefits, don't need to be involved in the properties, and have reduced my liability with an added layer that puts more distance between me and the tenants.

You'll have to pay beyond interest due to reduce the principal.  

Chapter 11, "Hone Your Skills" section has this practice question: "What is the IRR of an investment that costs $75,000 up front, earns you $22,000 per year for four years, and then generates $115,000 at sale?"

Maybe I have considered it but I will probably be able to get reduced commission from the agent I work with.

My cost to operate using their current expenditures (which I have intentions to reduce) would be at $400,000 conservatively. 

Consider materials that are easier to install or have lower shipping costs to reduce overall expenses.Buy in Bulk: For investors handling multiple projects, purchasing materials in bulk or sourcing from wholesale suppliers can save money.

Our latest case study revealed that our owners achieved 35% higher occupancy and earned 35% more annually by implementing our recommendations.Right Now, there is an Amenities Arms Race.