The apartments are about one mile from Augusta’s medical district which could make the apartments attractive to nurses working at the hospitals.  

Purchase price: $55,700 Cash invested: $62,000 Bought a 3.3 acre lot in a residential neighborhood 1.5 miles outside of downtown Prescott, WI.

We are about half way through or renovations.

(Mostly what I’m doing here is confirming you know at you have to spend all the sales proceeds, not just the profits, since you stated such low numbers.) then you would owe no taxes, but you have given away half your money. 3) the good news is you gave the charity $100k not $100k minus taxes.

Directions to the small hospital 19 miles south of our house, etc etc.So far it does get used and the more info I put in there, the less chance of calls about simple things.

-Ben, aspiring multifamily house hacker no my reserve is half price of total loan.

  ( Sorry, Henry Clark....but half acre is the best I can do.) 

Dave Ramsey isn't wrong, but he is miles from "right" on how to utilize money because he DOSN'T teach or speak of how to utilize, implement, leverage or deploy money as he dosn't know how to himself, hence the trail of bankruptcies. 

If they put up half of the required cash to do the deal it would be a different conversation where their profit at the end would be justifiably higher. 

BUT RARELY do they want to learn this... when rates got to 15 to 18% in the carter years.. to keep deals working I had to give my commission to the sellers and take back notes from them so they got some cash to induce them to sell .. and the sellers paid me monthly  Usually half of the payment No interest until paid..