Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

@Chris Seveney I remember when cupcakes shops were popping up everywhere and were a big thing.Then, poof, most of them were gone!

All that being said, it might not be worth the cost of putting in parking, just be aware on the front end that you’re reducing your end buyer/rental pool by not having it. 

There's a lot on the landlord side that you'll want to get caught up on and it will take some time to get your systems right but I think it's worth it.

Not easy but well worth it

What did you pay in MN and what is it worth now and what town is it in?

It's still worth looking into.

. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

Also, for what it's worth, just because someone is in the military doesn't mean he isn't a bum.

I would like to be in the partnership for the least amount of time possible but want to be sure I can present this offer as worth his time, which is very valuable.