Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.

I would focus on a strategy and you and your brother like (Do you want day to day management of a house flip?

I also sent another message 7 days before, just reminding them that we offer different packages if they haven't already gotten one.

Also just because they have debt does not mean there is tax consequences.Also people need to make sure they do not group UBIT, UBTI and UDFI in the same buckets as I see these being used interchangeably.

@Tony Thomas  Points, discount or buy down are all the same thing, and that thing is simply pre-paid interest.

Went into the business with the same intention.

@Jessie CoolSeeking the same

After getting the funds letter, which clearly states no appraisal was needed for this property, at the day of the closing, they came back and said no funds will be released until we get an appraisal.

What's your schedule look like in the next couple days?

Everywhere I turn all I see are pitches for affordable housing and the same (not so) compelling arguments regurgitated by syndicators, capital raisers, brokers etc. for the investment strategy....strong returns...lower volatility....supply (huh?)