That indicates that a loan is being gained IN ADDITION to your capital infusion for your part.

Get feedback.32Marketing Something you probably already know.33Social MediaSomething you probably already know.34Insurance:Leave to you for local knowledge35Business36RentersSundry:Leave to you for local knowledgeProperty taxesLegal systemThis is an example, for discussion only.Adjust to local estimatesGreen change or fill in.Combination PL/Cash flowIntentionally leaving out Depreciation and TaxesAnnualNotes:Revenue: Gross$354,240@ 90%, after rent up period Late fees$0as needed$354,240Electricity$2,400Water$400Sewer$300Grass$1,000snow removalas neededmanageras needed, I do self service by phone; do you pay yourself.maintenance$3,000Insurance$3,000Property/LiabilityProperty Tax$25,000use localLoan P/I$120,000Get your bank to do 20 year amort, adjust based on how much equity you have to put in 10%/15/25/40/etc.Depreciationleft blank for Cash analysis Cash out$155,100Pre tax$199,140Tax$59,742as needed, adjust Loan P/I for Depreciation expenseNet cash$139,398Payback:Total Cost:$2,170,933Less Equity infusion:$217,09310/15/25/40% Net loan position$1,953,839Annual cash flow$139,398Payback years:14.0Financial Objectives:Change calc/terminology etc to your objectives.

Maybe 20% of lenders will look at them and often require much more down to purchase.The tenant with locked in below market rent will not want to change that deal as it hurts their profit per ft in sales unless they can absorb an increase in exchange for TI infusion that might make sales jump more.

@Westin Hudnall yeah, it's not so much that I care what the neighbors think, but I do care about the drag on my time and energy that an angry neighbor infused backlash could cause.

First one was bought for $330K and sold for $1.8 Million after $400K in expansion money infused into it. 

places me and infuses me and fast forwards me into my potential future self.... from the standpoint of me being the syndicator... vs me being passive syndicator....   

First, look for infusion cracks along the foundation walls and/or floors.

It sounds like a lot more fun doing some asset allocation than to watch the calendar each month waiting for that next infusion of some liquidity. 

@Nhrai Jordan-Ferguson Newburgh is one of the most dangerous towns in the country, and in infused heavily with gang activity.  

STR can be a good place to start because typically it generates more cash flow to infuse other deals