I made it the last change because I'd suspected but didn't want to believe this was the hiccup.

Another hiccup I ran into was the fact that my final purchase docs identified to the transaction was a lease option, which is another non-starter.

On the appreciating market did you account for rent increases along side the 5% appreciation?

I think the trust can join you two along side in the LLC.

Contractors might be a hiccup – are they on top of their game or slacking off?

Well, the Patterson factory will be done in a month or two and producing product… (and will undoubtedly hit some hiccups).

There are going to be some hiccups, or some questions that you do not know the answer to, but hopefully you have a mentor or partner who can help you answer any more difficult questions. 

If there is a hiccup in the renovation though, holding costs can balloon quickly so make sure you know what you're getting yourself into and there is plenty of meat on the bone before you do it

The numbers made sense even with a few (very normal) hiccups.

Did you do this alongside being an investor?