Do the math, it's rarely worth an owner's time to DIY manage - and that's before the costly mistakes!

@Derek Bell just a few 😊 - I love money math and deal analysis amongst other things!

The more you pay upfront the lower the rate, but you have to make sure to do the math on what you payback period will be.

I can't remember what podcast this was mentioned in but one thing to keep in mind is that everyone's math is going to be different based on what their long term goal is.

Remember when I said all it requires is to not get greedy; some would see this and obsess on being at "only" 40% ownership now and completely ignore the fact of how all that math plays out in this. 

When mathing this out on the spreadsheet I made, that seems fairly in line with the data that is given. 

@Brian QuoI’m not trying to be a troll and honestly trying to help you save, you are doing the math wrong.Appreciation is not counted in ROI because it is not guaranteed.ROI is all the money you put in / annual cash flow.

Assuming the cap rate for the area is around 5%, by my math, it would get you to ~$427k . my other assumption is a financing rate of around 4% and even with a 10% bump in rents you would just breakeven.

(https://dataispower.org/rockcastle-mega-site/)As an investor and owner myself, I understand the math needed to make a solid investment for your portfolio.If you have interest in these markets, lets connect!

If it's a good/great deal based on that math, then you can say it's worth buying.