Many people like the buying a small multi as an owner occupant to get their foot in the door.

I think with a baby they would be over the square foot limit so look into that now.

Bingo" as long as they do not over pay for properties "

I'd foot the bill in my market and pay you real money per purchase for sure.

Supplier is in Dalton, so add $75 to have it delivered or plan to drive up to pick it up.So, about $9/sy (or $1 per square foot), which includes labor and materials.

I understand that if I go with just grey plain non stained it's around $3 per foot.

He was saying $95 to $110 per sq foot would be the low-end of the spectrum, but almost certainly enough to replace the no frills rentals we own.Are there standard numbers out there?

BINGO, no more due on sale-alienation issues as the law providing the use of the DOS exempts transfers accomplished for the purposes of estate planning. :) Next issue is the comingling of your funds, which include personal debts made by you personally, with company funds.

Although, many on this site report positive outcomes.I could use a word of wisdom on how one proceeds with this venture without making predictable mistakes.I would greatly appreciate feedback on the proposed deal:Sale Price $980,00Price Per Unit $35,00Price Per Foot $41.26CAP Rate 7.1%GRM 4.86xBuilding Size 23,750 SFLot Size 43,124 s.f.Year Built 1969City Desoto TXGross Scheduled Income $201,424Other Income 703Total Scheduled Income 202,127Vacancy Cost (28,610)Gross Income 173,517Operating Expenses (103,682)Net Operating Income $69,836

But, if you initially suggested they start their lease on the 1st and didn't want to accept that date and now suddenly they want to move in sooner, TODAY, they are not starting the relationship off on the right foot.