You’ll also want a written agreement on the rent your LLC pays to your wife; it’s helpful for taxes and keeps things tidy on paper.

Logan Square, Pilsen, Avondale look and sound good on paper but that is where everyone is looking.

A property may look good on paper in terms of appreciation but might not generate enough cash flow to cover expenses and build long-term wealth.Not Having a Backup Plan:If something goes wrong in any phase, such as a longer vacancy period or higher renovation costs, it can disrupt the whole strategy.

It's harder than it seems on paper.

I see many here on BP paying or about to way overpay, just because their realtor told them it was a great deal and looked great on paper.

When you do ceilings you only have to paper/ plastic the light fixtures and maybe some smoke alarms, you can hang plastic over windows, but the paint is usually dry before it hits them and wipes off easily.

I am sure you signed papers that say that you will fix any errors that were made, just like this case.

Are they simply putting your ideas on paper?  

On paper a property can look great yet be a bad investment.

And if they're smart they can maybe get a tax break for it, if they can show a loss on paper.