He sat beside me at the end of the table.

For me, if I know what my repair costs will be and my closing costs and holding costs and I factor all of that in I want there to be about 15-20% left on the table.

That deal fell through because another investor beat me to the table with an offer.I've found another property I'm interested in, this time it is a 3/1.5 single family home in a decent working class neighborhood.

HomePath accepts at least up to a 3% sellers credit, so you could have not only lowered your net purchase price, but brought 3% CASH to the table - to cover your closing costs (or consider it a 12% downpayment..)

If they get other offers on the table, they may ask for highest and best.

Two of my friends want to start an LLC but I think I would be bringing the highest percentage of capital to the table as of now.

Hopefully you make $40-50k after you pay your mortgage, etc off at the closing table so you can pay off your debits and have a little something for you.

So many times when deals "fall through," it's just because people don't have enough determination to get a deal to the closing table like these folks obviously did.

Or take it off the table?

Section 8 can be good as long as your unit passes the program's housing quality standards, but with all that student debt she'll certainly need some supplemental under the table income, if she makes too much on the books she'll lose that voucher and possibly not be able to afford the unit anymore..