Some executors make all decisions jointly with the heirs; others do not.

i think those are genuine factors. 

Just genuinely not sure how to go about it here.

Joints can loosen over time and create an arcing problem.Running wire isn't all that difficult if 1. you have an open attic that the wire runs through or 2. you plan on removing lath and plaster anyway to go with sheet rock.

Likewise, the "Refinance" part of the equation doesn't assume you'll refinance 3 months or 6 months after you've finished fixing up the joint.

Hey @Jim Vani - I personally know @Andrew Holmes and he's genuinely a good guy.Is it true that he has built a large community through Chicago REIA and his students (at least in mastery) have paid for his coaching and experience, yes that is a fact.  

I would be happy to talk about sub2, joint venture partnering, lease options, buying on wraps AITDs, getting private money and negotiating terms deals with sellers.Thx for offering!

This is advice for the readers: DO NOT buy real estate jointly with your IRA.

Another way to learn how to use other peoples money is to joint venture with someone.

(Genuinely asking to understand, not question your intelligence) but why would I focus on Return on Equity (ROE) and not track being paid back on my original cash investment of $130K?