This is anecdotal information based upon the interviews I’ve had with operators across the country.

Hi everyone,I am looking for feedback on the Residential Assisted Living Academy based out of Arizona. 

These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!

I'm based in the Boise area so we're a little far apart.

. $360k equity (based on your estimated loan balance and estimated transaction costs if you sold, this is not calculating capital gains taxes but that would reduce your equity down to about $310k if you sold without doing a 1031 exchange). $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).

Once you have a pipeline, you can refine your criteria and adjust based on what works best for your market and strategy.

They didn't pay for it, so they don't take care of it like an owner.Before you make assumptions about costs based on a seller's contribution to improvements, find out what they improved? 

Do you have a specific revenue target in mind for hiring, or are you basing it more on workload?  

I'm a contractor based in Maryland and DC, so the renovation aspect is well within my expertise, having done numerous projects for other developers and general contractors.However, I'm facing a challenge when it comes to choosing the interior design elements, such as bathroom tiles, colors, sizes, fixtures, etc.

Since you are based in California, do you know of any good CPAs who are geared towards real estate investors ?