I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.

If you kept the property, and accumulated the CF/yr, it would take you 25 years to get that same equity that's sitting, frozen in your property.Also, if you cashed out and used that same equity as a DP on different RE, at 20% DP, that equity would buy you $2M in PV, not just $700k,...and, I'd be willing to bet, you could find new RE that would have a yearly CF well over $20k/year.On top of that (remembering my initial statement above), any appreciation applied would be applied to $2M, not just $700k. 

The property was worth around $60M but they were doing a capital call to pay down the loan balance but that still had them at negative cash flow and no exit as they could not refinance and the originally equity was basically gone (or would be gone by the time they sold the property).So anyone considering a capital all, either review the numbers or engage someone and pay them to review it for you, just as if you were going to have someone review the initial deal.

:Initial investment:€3,000.00 – Rental contract, First, Last, Security Deposit€3,056.68 – Furnishings/Consumables€1,308.03 – Taxes/LegalTOTAL – €7364.71 Average Monthly Gross: TOTAL – €1820.33Average Monthly Operating Expenses:€127.25 – Utilities€191.10 – Taxes, Maintenance, CapEx€289.15 – Management€1000.00 – Rent (*See Master Lease Strategy) TOTAL - €1,607.50Average Monthly Cash Flow - €212.83Est. months to break-even - 35 monthsObviously, there are a lot more details (challenges, wins, etc.) to this story.

It has now been 16 months since my initial request, and I am looking for a clear timeline and action to fulfill this commitment.I have already filed a complaint with the Department of DPBR Office of Financial Regulation, as RAD now holds an F rating with the Better Business Bureau, and legal actions are being posted.

Initially, focus on building relationships with sellers rather than pushing for immediate deals.

He is the one that initially introduced me to Lee.Have a great day!

The OTA initially ruled against paying.

Another thing to consider is are you basing the 3x rent on her initial application? 

For those who missed the initial buzz, the delay could provide a second chance to enter the market before real estate prices surge when the plant eventually opens.