You can present an offer that aligns with your financial goals, but be prepared to walk away if the seller won’t negotiate to a price that ensures you’re not left in a tough financial situation.

Loans like this can be useful or very dangerous, depending on how you manage your business.The ideal situation for a loan like this is when you have a property that will take a while to get up and running. 

You need to have reserves in either cash or credit regardless of the situation. 20k can go away in a blink.

The specifics of your situation will determine where you might need to fall on that spectrum of holding period.

There is one meter, so we tried to look at putting a digital submeter, but every plumber says it won't work in our situation. 

I can's imagine a situation where all 4 tenants have elected to hand wash their clothes and use the dryer (there is no utility sink in the laundry room).Can you think of any reasons why the dryer would be used that much more/washer used that much less?...

You also may need to start with more capital so you are prepared for unexpected situations.

Geez, I'm just trying to get a second look at my math for the current situation.

You're definitely not the only one in this religion so there's other people that will likely be dealing with alcohol-free life and navigating that situation.

@zach lemaster with R2R continues to reach out to assess the situation as well as work with us to strategize for subsequent properties.