The rent for more and need less attention.

A lot depends on what developer fee you want to take upfront and how much of the ongoing cash flow you need.For me and development deals I need less of ongoing cash flow and would take more of the equity upside to myself.What I like about equity and debt funds is you can do deal after deal and you do not have to worry about crowdfunding, distribution K-1's to investors, and doing a syndicate deal by deal where you have to keep getting new investors etc.Instead you can focus on development deal after development deal.   

Needless to say, it's also one of the secrets to becoming financially independent in the shortest, possible time.You figure out what kind of property you want and have your agent help you buy it.Good luck.Fixer Jay DeCima

Needless to say, my realtor got an earful from me for not having all of the facts straight.

Needless to say, I'm embarrassed now.

Needless to say I have never used him again for anything - he is also an agent.I however, went with a different appraiser for everything else I have done and had much much better results and a much better relationship as well as more conversation with the second individual.Bottom line is that, it may pay for you to have a second appraisal done on the property by another person and since the information you get from your request of an appraisal is privy only to you and your financing institution then you would be able to use the second more favorable eval to support your deal.

You need less down, 95% of lenders can accommodate you.  

Hmm, I understand you are trying to save $$ for needless maintenance calls and I supposed the age of the breaker box/electrical system might contribute to the decison but....I would hesitate to have tenants dealing with all things electrical.  

Needless to say, as soon as I tapped into my network of friends, family, associates, etc.

NOI of $770, payment $326, cash flow of $443 a month or $5327 a year for a cash on cash of 26%.Needless to say that's a better deal.