Developing a good base of knowledge on BP and meetups which translate to action is probably a better bet than paying some guru thousands of dollars to possibly show you something worth paying for.

Θα μπορούσα απλώς να πω ότι είσαι μαλάκας, αν προτιμάς translated from Greek means "I could just say you're an ******* if you prefer."3.

Assuming all of these pending repairs can actually wait for up to 4 years without penalty or failure, that puts your breakeven point at the end of Year 6... which translates to an IRR of 13%... a little low considering the amount of time you have to wait to get your money back, but not the end of the world.  

Do you have some skills that you've develeoped from life/W2 job that will translate positively to real estate (sales/people skills/marketing)?

Our homestead will likely include a main home, carriage house (guest house) with the possibility to build an additional guest houses as we hope to not only host our family and friends, but would also like to start a small bed and breakfast.What we bring to the table:- Real Estate Investing experience (I currently have 2 doors: 1 townhouse in Canada, 1 apartment in Italy)- Short-term property management experience (Canada/Italy)- Long-term property management experience (Canada)- Experience purchasing Italian real estate- Fluent in English/Italian (ability to translate)- Experience renovating using Italian building materials / systems- Trades: mechanical, welding (Him)- Successful entrepreneur.

My point being if the advice on here is “Market data says…” you should translate that to what it means for your specific property.

Using a traditional mortgage, this translates to an out-of-pocket of about $12,500 ($10k down pmt, $2500 closing costs).  

That would translate into about $100,000-$120,000 depends on the down payment, interest rate and tax level, etc.

There is absolutely zero tolerance for personal feelings/emotions in making business decisions which translates directly to also managing a business.

I've seen a number of Pro Formas in my short time researching and investing in real estate so these concepts weren't necessarily NEW, but it was a good closer look at the structure of a proforma, and the formulas that make up the many aspects of a pro forma, and what they translate to... what they tell you about a particular investment exactly.