You need to double check underwriting, conservatively project disposition, and stress test the metrics.

it is all good , who knows who under your roof if you don't tell

I'm interested in following this project when/if you kick it off. we have this in columbus. 58 rooms on .1 acres. 28000 sq ft. but this site the land is 50k it's set same as columbus but in miami dade county but sounds good. are you more interested in the miami one or the columbus one? 

The major project will be the floors.

Hey everyone,I'm new to real estate and I’m looking for feedback on a project I’m working on.

Best, Alli McGee Actually it doesn't allow you to open your projects.

A cash-flowing, large lot, alley loaded duplex that needed a new roof, painted and new floors.

They were so good I was exceeding my own projections.

Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.

Estimates and projections are great, but experience gives you the real numbers!