Being a flight attendant and having two weeks off per month woudl enable me to jump on a plane for 50$ and fly and live in sunny Florida two weeks per month.

Good evening BP,I work full time as a teacher, part time as a behavioral therapist and I am a church musician.

I will add my coach also ensures that they have an investor call after a few weeks of capital raising that helps re-assure verbal commits and interests prospective investors, enabling them to ask questions as well.  

I'm happy with what that temporary sacrifice has enabled for me.Some people say I'm "lucky" to be in the position I'm in now. 

I found a mentor in Dallas that I trusted and it enabled me to get the confidence up to purchase single family homes strictly for rental income in Dallas while I lived in Albany, NY.Now I have 10 deeds, 18 units as well as partial owner ship in 80 apartment units (doors) and live off the cashflow.I would suggest networking as much as you can in environments were investors have the abundance mentality and freely share information.  

Even if you keep the numbers entirely rigid with the equity split, there is the possibility that the IRS could find a benefit in the transaction, resulting in severe tax penalties.Even the ability of one party to the transaction being enabled to participate in a transaction it could not have otherwise could be construed as a benefit.  

If that $2000 enables you to position yourself to acquire another property that is will generate positive cash flow, about how many months do you think it will take you to recoup that $2000? 

The majority of the homes in the neighborhood have carpet, and I while I have no delusions regarding the likelihood that hardwood will add much monetary value, I do think that the added feature would enable it to sell/rent quicker than others in the area. 

It enables us to compare 15-unit MF to a 24-unit MF in a market where market comparables simply don't exist.

While the mid-term financing will be more expensive it enables me to take some cash out and hold the property until I can better qualify for conventional financing.