The end of the world would be selling this to buy a cheaper asset than needs more work, do this all over again, to make the same money and lose a better asset.Slow down and work on this property and the rents and the maintenance, and also enjoy living there.

In a waterfall, the GP is incentivized to stay the course, gambling the LPs equity, because the GP only makes money above 7%. 

Also, running a flip with no money and hoping you get a good return with all the other stuff going on in the background starts to add stress, and you end up not enjoying it.

I'm sure many people on here have spoken about this, but I just wanted to bring this discussion back as it is a part of my job that I enjoy and see benefit to others from it.

Because this is the business we've built together, we enjoy working together, we each have roles that reduce the work load on the group and personally I like that the risk is spread out.

Of course, you maximize cash flow after the property is paid off, but the longer you hold a property, the more cash flow you'll enjoy.

I hope you enjoy small towns that lack diversity.I am sure Dayton has some real estate meetups.

I'm particularly passionate about rental, fix-and-flip family and multi-unitsOutside of real estate, I enjoy nature photography.

I'm Carl from SoCal.Outside of real estate, I enjoy golfing and building things around the house.Excited to learn and connect with you all!

Quote from @V.G Jason: Quote from @Jay Hinrichs: The mindset of cash flow is everything and appreciation is just luck or gambling or whatever these folks say is one of the worst mindsets I see on BP.